FCA cancels investment adviser firm’s permissions

The FCA has revoked permission to carry out regulated business of City of London-based Portia Investment Advisors Ltd (FRN582587) after it failed to confirm required details of authorised directors.


2 PFS directors quit over CII ‘takeover’

Two independent directors of the Personal Finance Society have quit the board and will fight to try and block the potential transfer of £19m in PFS reserves to the CII.


PFS member directors call for an EGM

PFS member directors and co-opted advisers on the PFS board have called for an Extraordinary General Meeting to be held in the next two weeks to find a way forward from the current deadlock with parent body the CII.


3 disqualified over £44m SIPP mis-selling

Three directors - two of them IFAs - have been fined and disqualified as directors over a £44m SIPP mis-selling scheme.

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