RegActions records a disclosed FCA monetary penalty of £30,792,500 dated 23 Jul 2019 for Standard Life Assurance Limited.
Case facts
| Firm or individual | Standard Life Assurance Limited |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 23 Jul 2019 |
| Penalty | £30,792,500 |
| RegActions breach classification | CONDUCT |
| Public case ID | b692f9f6-4338-4ab7-9930-500dc8a04aeb |
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
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.