December 12, 2013 BY Gerald Segal
FCA issues its largest-ever fine for retail market activity to Lloyds - £28 million
Base salaries of advisors selling investment and protection products could be cut in half if targets were not met UK financial regulator FCA has announced on Wednesday that it is imposing its largest-ever fine for misleading retail practices of £28,038,844 on Lloyds Banking Group members – Lloyds TSB Bank and Bank of Scotland. According to…
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