IFA fails to overturn FSA ban for pension transfer failings

The FSA set out its decision to ban Stuart Unwin last year, for the first time making public its indictments before issuing a final notice. Although he had initially referred the matter to the Upper Tribunal after receiving a decision notice, he withdrew the reference last month after settlement discussions with the FSA. While he has been prohibited from performing any significant influence functions, including directorships and compliance oversight, he will retain his customer function permission, meaning he can continue in an investment adviser position. According to the FSA, Unw...