FCA fines / 2014 / HomeServe Membership Limited

HomeServe Membership Limited FCA fine

RegActions records a disclosed FCA monetary penalty of £30,647,400 dated 12 Feb 2014 for HomeServe Membership Limited.

Case facts

Firm or individualHomeServe Membership Limited
RegulatorFinancial Conduct Authority (FCA)
Date12 Feb 2014
Penalty£30,647,400
RegActions breach classificationGOVERNANCE
Public case ID790beb5e-8567-460c-a35d-d3f429696fb5

Case summary

For mis-selling insurance policies, failing to investigate complaints adequately, the Board being insufficiently engaged with compliance, and senior management being reluctant to address customer risks.

Official evidence

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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.