FCA fines / 2018 / Alistair Rae Burns

Alistair Rae Burns FCA fine

RegActions records a disclosed FCA monetary penalty of £60,000 dated 20 Sep 2018 for Alistair Rae Burns.

Case facts

Firm or individualAlistair Rae Burns
RegulatorFinancial Conduct Authority (FCA)
Date20 Sep 2018
Penalty£60,000
RegActions breach classificationMIS_SELLING
Public case IDf5421cba-48e0-40da-875f-85b2335f1e4b

Case summary

This Final Notice refers to breaches of APER 7 and FIT related to conflicts of interest, a lack of fitness/propriety and mis-selling in the investment adviser and pensions sector. We imposed a fine and a prohibition.

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Scope

This page describes one source-linked monetary record. RegActions excludes non-monetary outcomes and amounts awaiting review from FCA fine totals. The FCA publication remains the authoritative source.