RegActions records a disclosed FCA monetary penalty of £1,300,000 dated 1 Sep 2023 for Toni Fox.
Case facts
| Firm or individual | Toni Fox |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 1 Sep 2023 |
| Penalty | £1,300,000 |
| RegActions breach classification | Pensions advice and transfers |
| Public case ID | e50cba72-e659-4fe4-8cba-3847a0ceee90 |
Case summary
Two individuals face bans and £1.3m fine for pension transfer advice failings Last updated: 01/09/2023 The FCA has decided to fine Toni Fox £681,536 and David Price £632,594 for their roles in operating a flawed pension advice process. The flawed process risked people receiving unsuitable advice to transfer out of defined benefit pension schemes.
Official evidence
This page meets the public case-page evidence threshold.
Continue your research
- Search the complete FCA fines database
- View FCA actions from 2023
- Compare enforcement actions in 2023
- Read the enforcement data methodology
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.