FCA cancels advice firm's permissions over £11,000 unpaid fees

South Wales-based Moorland Mayfair Wealth Management (MMWM) failed to pay the FCA's overdue balance of £11, 106 dating from 2020 had "not been open and cooperative in all its dealings with the authority", according to a final notice dated 19 September. A warning notice was issued to MMWM 10 July. It was followed by a decision notice from the FCA on 7 August. The wealth management firm had the opportunity to appeal to the Upper Tribunal within 28 days but failed to do so, the regulator confirmed. It added in the final notice: "MMWM has failed to pay the overdue balance and it has not b...