IFA directors banned by FCA for lying about wealth of Elysian Fuel investors
75 inaccurate declarations submitted
The Financial Conduct Authority (FCA) has banned two financial advice firm directors from any regulated activity following their roles in the submission of misleading information about customers’ high net worth status.
Peter Howsen and John Butterfield, directors of Vanguard Wealth Management - which has no connection to the Vanguard Group - submitted inaccurate information to self-invested personal pension (SIPP) provider...
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