Swinton fined £7.4m for mis-selling

Press Association
Car breakdown
Car breakdown

Insurance giant Swinton has been fined £7.4 million by the City watchdog for mis-selling "add-on" policies to as many as 650,000 customers.

The Financial Conduct Authority (FCA), which issued the fine, said Swinton has set aside £11.2 million to repay customers, due to an "aggressive" sales strategy which prioritised profit over consumers' interests.
%VIRTUAL-SkimlinksPromo%