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Violation Tracker UK Individual Case

Company: Moneywise IFA Limited
Penalty: £19,600
Year: 2010
Date: 1 September, 2010
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: Moneywise paid a £19,600 fine in settlement of a finding by the FSA that the company failed to determine the suitability of its investment advice to customers' needs, and failed to follow regulations over the sale of unregulated collective investment schemes.
Action Type: agency action
Settlement Type: settlement of FSA Decision
Agency: Financial Services Authority
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