The Financial Conduct Authority (FCA) has refused to authorise an advice firm after it found its owners were trying to rid themselves of £1m of Connaught liabilities in a new structure.
In a final notice dated 19 May the regulator refused the application for authorisation made by advice firm Independent Family Advisers Limited (IFAL) after it found the firm's executive directors were...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created