FCA fines / 2019 / Standard Life Assurance Limited

Standard Life Assurance Limited FCA fine

RegActions records a disclosed FCA monetary penalty of £30,792,500 dated 23 Jul 2019 for Standard Life Assurance Limited.

Case facts

Firm or individualStandard Life Assurance Limited
RegulatorFinancial Conduct Authority (FCA)
Date23 Jul 2019
Penalty£30,792,500
RegActions breach classificationCONDUCT
Public case IDb692f9f6-4338-4ab7-9930-500dc8a04aeb

Case summary

This final notice refers to breaches of PRIN 3, PRIN 6 and COBS related to the unfair treatment of customers in the Life Insurance sector. We imposed a fine.

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.