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£50K fine for firm for review failings

The PIA has slapped a £50,000 fine on IFA City Assurance Consultants

of Wimbledon Hill Road, London for pension review failings. The firm, which

has also been officially reprimanded and ordered to pay PIA costs of

£4,000, is guilty of a number of failings identified in regulatory

visits between January and August 2000.

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