'Playboy' adviser serving prison time banned by FCA

Conned £4.5m from clients

Hannah Godfrey
clock • 1 min read

‘Playboy’ adviser Neil Bartlett has been banned by the Financial Conduct Authority (FCA) from carrying out any regulated activity after he was convicted of 14 counts of fraud.

According to a final notice statement published on the FCA's website, the regulator did not consider Bartlett a "fit and proper" person, and as such banned him from regulated activity. The FCA said his fraud conviction demonstrated a "clear and serious lack of honesty and integrity". Upon his confession, Bartlett was convicted on indictment of 14 offences of fraud on 28 November 2018. He was then sentenced to serve a term of eight years imprisonment on 21 December 2018. Bartlett worked at Hereford-based Abacus Associates Financial Services from 2012 to May 2018. The firm was late b...

To continue reading this article...

Join Professional Adviser for free

  • 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 Your profession

Minister reiterates no-change stance on APR and BPR proposals

Minister reiterates no-change stance on APR and BPR proposals

In response to MP’s ‘devastating consequences’ warning

Sahar Nazir
clock 29 October 2025 • 4 min read
Reeves: Investment 'cannot come at cost of economic responsibility'

Reeves: Investment 'cannot come at cost of economic responsibility'

Budget decisions ‘do not come for free’

Michael Nelson
clock 29 October 2025 • 2 min read
PA Asks: Is AI a bubble?

PA Asks: Is AI a bubble?

Plus, LLP NICs, EIS and ESG ratings

Professional Adviser
clock 29 October 2025 • 1 min read