22-07-2016 12:37 via uk.news.yahoo.com

FCA finds potential mis-selling among insurance agents

By Huw Jones LONDON (Reuters) - Insurance agents have potentially mis-sold policies to consumers, falsified documents, faked signatures and saddled people with products that will never pay out on a claim, Britain's markets regulator said on Friday. The Financial Conduct Authority (FCA), set up in 2013 to crack down on customer rip-offs after decades of mis-selling scandals, said its market study of 15 insurance firms and the agents they employ found widespread examples of poor practices. A firm
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