FSA bans five brokers, hands out £150 000 fine
The Financial Services Authority has banned five individuals for failings in relation to insurance fraud. It has also imposed one of its largest ever fines of £150 000 for insurance fraud on one of these individuals and £50 000 on another.
The FSA has banned 14 individuals for failings relating to insurance businesses in 2010, with fines totalling over £500 000.
Andrew Jeffery, director of Jeffery Flanders Consulting, has been banned and
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