RegActions records a disclosed FCA monetary penalty of £590,544 dated 6 Sep 2024 for Read the Decision Notice.
Case facts
| Firm or individual | Read the Decision Notice |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 6 Sep 2024 |
| Penalty | £590,544 |
| RegActions breach classification | Pensions advice and transfers |
| Public case ID | f1429d5d-9468-45d0-915b-5d741fc93963 |
Case summary
FCA publishes decisions against 3 individuals, and fines and bans a fourth, for reckless pension transfer advice Last updated: 06/09/2024 Mr Adrian Douglas, Mr Liam Martin and Mr Frank Oxberry have each referred their Decision Notices to the Upper Tribunal. The findings outlined in the Decision Notices given to them reflect the FCA’s belief as to what occurred and how it considers their conduct should be characterised.
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.