West Yorkshire IFA applies to cancel FCA authorisation

WR Simon Ashley Silver Independent Financial Advisor has been declared failed

Isabel Baxter
clock • 1 min read

WR Simon Ashley Silver Independent Financial Advisor has been declared failed by the Financial Services Compensation Scheme (FSCS).

In a post released today (12 April), the lifeboat fund stated that the West Yorkshire IFA is no longer trading so claims can be made against it. The FSCS told Professional Adviser that it has had 14 claims in total for investment and pension advice. According to the Financial Conduct Authority register, WR Simon Ashley Silver Independent Financial Advisor has applied to cancel its authorisation. However, the regulator warned that it "must still meet our standards in dealing with its customers". The register shows that it has been authorised since 30 August 2002. The West Yorkshi...

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 Companies

Majority of UK financial institutions anticipate growth over next year

Majority of UK financial institutions anticipate growth over next year

UK expected to remain a financial hub

Patrick Brusnahan
clock 16 June 2025 • 2 min read
Iress launches integration partnership and welcomes PlannerPal

Iress launches integration partnership and welcomes PlannerPal

Expects to onboard maximum of four partners per year

Isabel Baxter
clock 16 June 2025 • 3 min read
Foster Denovo taps into digital advice amid increased demand

Foster Denovo taps into digital advice amid increased demand

Most believe personalised digital financial advice will become the norm

Isabel Baxter
clock 13 June 2025 • 2 min read