FCA bans adviser convicted for child grooming

In March 2017, Frensham was convicted of attempting to meet a child following sexual grooming, an offence he committed while he was an approved person. Following the conviction, Frensham was sentenced to 22 months in prison, suspended for 18 months. The IFA is the sole director at Frensham Wealth Limited. The FCA said Frensham was not open and transparent with the regulator when he failed to inform the regulator about his arrest, being remanded in custody in respect of the offence that led to his conviction, and his failure to inform the FCA of the decision by the Chartered Insurance ...