FCA fines / 2023 / Darren Antony Reynolds

Darren Antony Reynolds FCA fine

RegActions records a disclosed FCA monetary penalty of £2,212,316 dated 28 Sep 2023 for Darren Antony Reynolds.

Case facts

Firm or individualDarren Antony Reynolds
RegulatorFinancial Conduct Authority (FCA)
Date28 Sep 2023
Penalty£2,212,316
RegActions breach classificationPensions advice and transfers
Public case IDafd0b622-0df7-4311-944c-02b77a27d5a6

Case summary

FCA takes action against Darren Reynolds and Andrew Deeney of Active Wealth for dishonest pension transfer advice Last updated: 28/09/2023 Mr Reynolds has referred his Decision Notice to the Upper Tribunal where he will present his case. Any findings in his Decision Notice are therefore provisional and reflect the FCA’s view as to what occurred and how it considers his behaviour should be characterised.

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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.