Which? responds as the FCA issues a £2.4 million fine for misleading pensions advice

Rocio Concha, Which? Director of Policy and Advocacy, said:

"Misleading or inappropriate pensions advice can have a devastating financial impact, and severely affect the standard of living retirees can hope to enjoy in later life.

"The fine imposed by the FCA today on Pembrokeshire Mortgage Centre Limited (PMC) sends a strong signal that any company that abuses their client's trust in this way can face severe financial penalties."

-ENDS-