The FSA has prohibited financial adviser Michael Harding from holding any position as an Approved Person after the FSA discovered he had misled the regulator about completing his firm's Pensions Review and had in fact contacted no clients at all.
According to a statement issued yesterday by the Financial Services Authority, Harding - who was formerly a senior partner at Michael Harding Partnership in Beckenham, Kent - submitted 32 pension review returns to the FSA on behalf of his firm between March 1996 and June 2003, but in reality made most of the figures up. When the FSA noted “anomalies” in the figures, it visited the firm in September 2003 and Harding then admitted he had "completed all Pension Review Quarterly Returns, after the first one he submitted, with false information", as Harding had not mailed any of the firm’s in...
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