FCA cancels adviser's permissions for failing to pay £21k in fees

The adviser had received invoices for £21,098 in June 2012 and £250 in early December 2012. The regulator said: "IGL has failed to pay fees and levies totalling £21,348.36 owed to the authority, and to respond adequately to the authority's repeated requests that it does so. "These failures lead the authority to conclude that IGL has failed to manage its  business in such a way as to ensure that its affairs are conducted in a sound and prudent manner, that it is not a fit and proper person, and that it is therefore failing to satisfy the threshold conditions in relation to the regulate...