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Insurers 'offering inducements' to advisers, says FCA
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Insurers 'offering inducements' to advisers, says FCA
Some life insurance firms are breaking the rules by offering "inducements" to independent financial advisers, the Financial Conduct Authority (FCA) said. The FCA said some firms had been making payments to "secure sales of their products", such as life policies or retirement annuities. As a result some customers may have been given advice that was not in their best interests. Two firms are now being investigated, for possibly breaching the rules.....Read more hereTags: None
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