Lloyds under fire in FSA crackdown

Updated
Lloyds TSB branch
Lloyds TSB branch

The Financial Services Authority (FSA) is investigating staff incentives at Lloyds TSB as part of an industry-wide crackdown on mis-selling in bank branches.

The new regime, launched this week, is designed to put a stop to incentive schemes that encourage staff to sell products regardless of the risks to customers.
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