RegActions records a disclosed FCA monetary penalty of £9,769,550 dated 27 Nov 2023 for David Nigel Lewis.
Case facts
| Firm or individual | David Nigel Lewis |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 27 Nov 2023 |
| Penalty | £9,769,550 |
| RegActions breach classification | Pensions advice and transfers |
| Public case ID | fe1c8207-04af-4639-9d57-48088c8e04f0 |
Case summary
FCA bans Nigel Lewis and Susan Jones for incompetent British Steel Pension Scheme advice Last updated: 27/11/2023 The Financial Conduct Authority (FCA) has banned Nigel Lewis and Susan Jones of West Wales Financial Services Limited (in liquidation) (WWFS) from advising customers on pension transfers and pension opt outs. Mr Lewis has also been banned from holding any senior management functions in a regulated firm.
Official evidence
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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.