FCA fines / 2013 / Policy Administration Services Limited
Policy Administration Services Limited FCA fine
RegActions records a disclosed FCA monetary penalty of £2,834,700 dated 1 Jul 2013 for Policy Administration Services Limited.
Case facts
| Firm or individual | Policy Administration Services Limited |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 1 Jul 2013 |
| Penalty | £2,834,700 |
| RegActions breach classification | INSURANCE |
| Public case ID | 7e9de78f-adc5-4b56-88b7-e67e7a106da3 |
Case summary
For poor complaints handling of mobile phone insurance policies sold by Phones 4u Ltd.
Official evidence
This page meets the public case-page evidence threshold.
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Scope
This page describes one source-linked monetary record. RegActions excludes non-monetary outcomes and amounts awaiting review from FCA fine totals. The FCA publication remains the authoritative source.