United Kingdom
UK regulator bans and fines financial adviser
After he provided investment advice to retail customers when he ‘was not qualified or approved to do so’
Advisers worried higher levies will hurt clients
And impact their profitability as current climate is seen as unsustainable
Ex-IFA loses Sipp fraud conviction appeal
Six-year sentence was not ‘manifestly excessive or in any way wrong in principle’
UK advice firm completes management buyout with PE investment
Funds will also help the company carry out ‘additional bolt-on acquisitions’
