FCA revokes Nottingham IFA's permissions after failure to submit returns

Barkestone Associate’s website is still up and running

Isabel Baxter
clock • 2 min read

The Financial Conduct Authority (FCA) has cancelled the regulatory permissions of advice firm Barkestone Associates for failing to submit returns by the relevant date.

In a decision notice published on 6 January, the watchdog revoked the Nottingham-based adviser's 4A permission, which means that Barkestone Associates no longer has permission to carry out any regulated activities. The firm was authorised by the FCA in February 2010 and had a part 4A permission to conduct regulated activities in relation to investment business. According to the decision notice, the activities included advising on investments (except on pension transfers and pension opt outs), advising on peer-to-peer agreements, arranging deals in investments, and making arrangements ...

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

Investment platform TILLIT to shut down

Investment platform TILLIT to shut down

No new accounts can be opened and it will close on 12 September

Sorin Dojan
clock 26 June 2025 • 1 min read
First Wealth on hunt to acquire like-minded financial planning firms

First Wealth on hunt to acquire like-minded financial planning firms

Follows significant financial backing from Marlborough

Jenna Brown
clock 24 June 2025 • 5 min read
Openwork in growth push with partner firm Milecross acquisition

Openwork in growth push with partner firm Milecross acquisition

Makes first investment into one of its partner firms

Jenna Brown
clock 19 June 2025 • 2 min read