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FSA fines firm 56k over PPI sales

Regency Mortgage Corporation has been fined 56,000 by the FSA in the first action the regulator has taken against a firm for sales of payment protection insurance since general insurance regulation was introduced. The firm was fined for breaching treating customers fairly principles and poor compliance procedures.

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Striking it lucky

The new face of Scottish Widows, Hayley Hunt, certainly earns her money. The Diary can reveal that the black garb she has to don for promotional work weighs a whopping four stone. That’s a lot of silk and velvet. Scottish Widows even forked out 8,000 on a pair of diamond earrings for her to wear […]

35% of advisers using wrap

Over a third of advisers are using a wrap platform and a further quarter have definite plans to do so, says CWC Research. In face-to-face interviews with 73 advisers, it found that 35 per cent are using wrap platforms as their standard pro- cess for investment business or are in the process of migrating to […]

Split decision

What was the background to the Charman case and the judgment?

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