The Financial Conduct Authority (FCA) has cancelled the regulatory permissions of advice firm Barkestone Associates for failing to submit returns by the relevant date.
In a decision notice published on 6 January, the watchdog revoked the Nottingham-based adviser's 4A permission, which means that Barkestone Associates no longer has permission to carry out any regulated activities. The firm was authorised by the FCA in February 2010 and had a part 4A permission to conduct regulated activities in relation to investment business. According to the decision notice, the activities included advising on investments (except on pension transfers and pension opt outs), advising on peer-to-peer agreements, arranging deals in investments, and making arrangements ...
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