Sussex advice firm being wound up following SVS Securities British Steel debacle

Caretaker director appointed

Hannah Godfrey
clock
Fiducia Wealth Solutions has been told to cease regulated activity.
Image:

Fiducia Wealth Solutions has been told to cease regulated activity.

East Sussex-based Fiducia Wealth Solutions, which is understood to have worked with steelworkers and collapsed DFM SVS Securities, has been instructed to cease all regulated activity and is in the process of being wound up, Professional Adviser can reveal.

According to a note on the FCA register, Fiducia must cease all regulated activity and must not recommence any regulated activities unless it has the Financial Conduct Authority's (FCA) prior written consent....

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Chris Budd: What isn't financial wellbeing?

Chris Budd: What isn't financial wellbeing?

Relationship between money and happiness

Chris Budd
clock 27 May 2022 • 3 min read
Industry Voice: New Consumer Duty - are advisers ready for the changes?

Industry Voice: New Consumer Duty - are advisers ready for the changes?

Jamie Jenkins, Director of Policy & External Affairs, Royal London
clock 26 May 2022 • 4 min read
Figures published in April1 showed the continued popularity of sustainable funds, with £1.8 billion pouring in, according to M&G

Third of UK investors turn to advisers for ESG support - M&G

'Lack of knowledge'

clock 25 May 2022 • 2 min read