Stadia Trustees stops taking new business

A note on the Financial Services Authority (FSA) register confirmed the firm had ceased accepting all new regulated business. The note said: "Addition of a requirement such that Stadia will cease to accept all new regulated business, from new and/or existing clients, for which it has Part IV permission with immediate effect. New business is deemed to be any business that is not already contracted with the client prior to this variation taking effect." The Colchester-based business was set up in 2006. It is headed up by Tony Hales (pictured).