20 IFAs fined

Wednesday 26 August 1998 23:02 BST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

A FURTHER 20 independent financial advisers (IFAs) have been fined a total of pounds 73,000, and two more reprimanded, in connection with pensions mis-selling, the Personal Investment Authority said yesterday.

The watchdog said the firms had failed to take all reasonable steps to meet the December 1997 deadline to complete 90 per cent of their most urgent cases in the personal pensions review.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

20 IFAs fined

Join our commenting forum

Thank you for registering