Regulators say amount is likely even higher as many scams are unreported or unnoticed for years.
The firm already has 35 digital issuances in place.
Three directors found guilty of making false or misleading statements.
FCA bans contingent charging, finds British Steel pensioners received worse advice than most.
Statement of objections initiates regulator’s first enforcement case.
UK regulator reports £8.6 million loss, penalties drop to £181 million from £879.5 million.
New rules focus on moving from defined benefit to defined contribution plans.