WIFA winner launched advice firm FSWM in February last year
Investment in unregulated Spanish business
FCA secures this after £19m was taken from more than 240 investors
Looking to snap up and merge firm as part of its ‘project Canaries’
Expected to lead to delays in payments to beneficiaries
Lincoln-based firm will run from Monday to Thursday
Many firms have stopped offering DB advice, regulator finds
Will include model portfolios on adviser platforms and funds that mirror MPS strategies
Nucleus’ buy of Third Financial tops the table
Delivery by second half of 2025