Banned Harlequin SIPP adviser selling £2.5m home as FCA fine looms

£60,000 fine

Hannah Godfrey
clock • 2 min read

Former TailorMade CEO Alistair Burns, who has been fined and banned by the FCA, is in the process of selling his five-bedroom country home for an asking price of £2.5m.

The house is located just outside of Manchester in Alderley Edge and boasts five bedrooms, four bathrooms, a gymnasium, electric gates to enter the property and 1.29 acres of landscaped garden. Pictures and more details of the house can be found here. The Financial Conduct Authority (FCA) formalised Burns' regulatory ban last week. It first tried to ban Burns back in 2016, but Burns pushed back and took his case to the Upper Tribunal.  The FCA initially imposed a £233,600 fine on the former advice firm CEO, which was later reduced to £60,000 as a result of the Tribunal, which backe...

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