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FSA fines Standard Life Assurance Limited £2,450,000

  • Norton Rose Fulbright LLP
  • -
  • United Kingdom
  • -
  • January 28 2010

A subsidiary of Standard Life plc which provides pension and life assurance products to retail customers has been fined £2,450,000 for breaches of FSA Principle 3 and Principle 7 (reduced from £3,500,000 for early settlement

FSA publishes 2009 survey of the persistency of life and pensions policies

  • Norton Rose Fulbright LLP
  • -
  • United Kingdom
  • -
  • November 4 2009

Since 1995, life assurance and pensions firms have been required to submit information to regulators concerning the persistency of their life assurance and pensions business