High Street broker tells staff to forget 2010 pay rise
High Street broker Swinton has told its 5,000 staff to forget a wage rise for 2010.
It comes just a week after the retail broking giant was fined £770,000 for mis-selling payment protection insurance (PPI) policies.
A Swinton spokesman said the decision was made the decision prior to the fine and not linked.
A spokesman said: "The decision was made prior to the FSA fine. The fine will be reflected in results for 2009 and the pay freeze will take effect in 2010."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
