Pembrokeshire-based 1 Stop Financial Services has cancelled its permissions to carry on regulated activities and closed to new business.
In a letter to a client dated 16 January 2013, seen by IFAonline, the firm states it has "commercially decided that [it] will no longer be authorised and regulated by the Financial Services Authority (FSA) and has decided to close to new business and withdrawn [its] permissions". The firm, which will no longer be able to offer ongoing services, said in the letter that it will be sourcing an alternative company to advise current clients. 1 Stop Financial has not had permission to carry on regulated activities since 5pm on 10 November, according to a note on the FSA register. From th...
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