FCA revokes adviser's permission after failure to submit returns

Denis Armitt can no longer carry out any regulated activities

Sahar Nazir
clock • 1 min read

The Financial Conduct Authority (FCA) has imposed restrictions on financial advisory firm Denis Armitt for failing to submit returns by the relevant date.

In a decision notice published yesterday (July 17), the watchdog revoked the Stockport-based adviser's 4A permission, which means that Denis Armitt no longer has permission to carry out any regulated activities. Armitt was authorised by the FCA in October 2004, and had a part 4A permission to conduct regulated activities in relation to insurance distribution and designated investment business. The activities included advising on investments, advising on peer-to-peer agreements, arranging deals in investments, and planning transactions in investments. The FCA has said the firm's dir...

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