FCA bans adviser jailed for stealing from clients

Laura Miller
clock • 1 min read

A financial adviser who was jailed for stealing from his pensioner clients has been banned from working in financial services by the Financial Conduct Authority (FCA).

Michael Hirst was jailed for three years in May, after admitting 13 counts of theft. He was described as "jaw-droppingly callous" and guilty of a "pitiless course of offending" by a judge as he was sentenced at Cardiff Crown Court. Hirst's offences, which were carried out in a five-year period from August 2007 saw him steal thousands from clients' life and pensions savings. According to the financial services register, Hirst joined Wales-based advisory firm HHPG as a trainee investment adviser in January 2006. He gained the CF30 customer controlled function in November 2007, relinq...

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