Swinton unlikely to be last broker to face add-ons penalties
The sales practices that saw three former Swinton executives fined and banned remain widespread and the broker is unlikely to be the last to face sanctions, according to compliance specialists.
The Financial Conduct Authority last week fined a trio of ex-Swinton senior executives £928,000 for adopting aggressive tactics in the sale of add-ons.
The watchdog banned Peter Halpin, pictured
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