Bath-based investment adviser firm Ian Slinger (FRN: 723069) has had its Part 4A permissions to carry out regulated business removed by the FCA due to non submission of required returns.

Ian Slinger (FRN: 723069) had its permissions removed by the regulator yesterday (16 Nov).

The firm was run by principal Ian Richard Slinger.

Mr Slinger was connected to a number of firms including Investors Planning Associates (FRN:114592) based in Plymouth, a Succession Wealth firm which had its authorisation cancelled in May this year.

The FCA said in a regulatory notice yesterday that Ian Slinger had failed to submit regulatory returns to the FCA covering several years and was also no longer carrying out regulated business.

The missing returns included the Complaints and Non-Retail Mediation Activities returns for the period 6 April 2019 to 05 April 2023 which were due for submission on various dates between 20 May 2020 to 23 May 2023.

Mr Slinger was authorised by the FCA from 6 April 2016 and given Part 4A permissions to conduct a number of regulated activities including advising on investments, pension transfers and pension opt outs and making arrangements with a view to transactions in investments.

On 3 July FCA gave Mr Slinger a notice stating that it appeared he was carrying on no regulated activity to which its Part 4A permission relates and his permissions may be cancelled unless the firm responded.

The FCA said Mr Slinger failed to respond and was given further notice that it proposed to cancel his permission to carry out regulated business which it has now done.

Mr Slinger has no right of appeal, the FCA said, but can apply for an annulment of the order within the next year.