10 December 2020
•
Image:
More than 110 clients were recommended to transfer into SIPPs between March 2010 and December 2012.
The Financial Conduct Authority (FCA) has fined LJ Financial Planning (LJFP) £107,200 for providing its customers with unsuitable pension switching and transfer advice and for failing to manage its conflicts of interest.
LJFP, based in Warrington, advised 114 customers to transfer their pensions into self-invested personal pensions (SIPPs) between March 2010 and December 2012. The firm did not provide any advice on...
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
