Luckily it does not happen often that advisers get struck off by the regulator, but when they do, it's with a bang. Professional Adviser takes a look back at five of the latest adviser bans
1 - John Chiesa and Colette Chiesa On Thursday the FCA revealed it has banned two advisers for "integrity failings" after they lied to the regulator. John Chiesa and Colette Chiesa were founding partners of Scottish IFA Westwood Independent Financial Planners, which became insolvent and went into sequestration after the FCA took action over their mis-selling of geared traded endowment policies (GTEP) in May 2011. Their mis-selling claims led to more than £3.8m being paid out by the Financial Services Compensation Scheme (FSCS). However, after a trustee was appointed to the Chiesa...
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