RegActions records a disclosed FCA monetary penalty of £897,840 dated 11 Mar 2024 for Inspirational Financial Management Ltd (in administration).
Case facts
| Firm or individual | Inspirational Financial Management Ltd (in administration) |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 11 Mar 2024 |
| Penalty | £897,840 |
| RegActions breach classification | MIS_SELLING |
| Public case ID | e7a2a4e0-a8f5-46e7-a2e9-2b4fdbca6667 |
Case summary
This Final Notice refers to breaches of Principles 3, 6 and 9 related to the provision of unsuitable defined benefit pension transfer advice in the pensions sector. We imposed a financial penalty.
Official evidence
This page meets the public case-page evidence threshold.
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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.