Prudential fined £24m for mis-selling annuities

Prudential fined £24m for mis-selling annuities

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Prudential fined £24m for mis-selling annuities

The City watchdog has fined Prudential £23,875,000 for mis-selling its annuity products

Rachel Lacey
Mon, 09/30/2019 – 11:35

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The Financial Conduct Authority (FCA) has fined Prudential for failing to tell its customers that they may be able to get a better retirement income if they shopped around for their annuity.

The fine…

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