FCA ordered to pay compensation to banned IFA

The FCA has been ordered to pay thousands of pounds to the ex-chief executive of a collapsed IFA firm.

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FCA bans IFA firm CEO as FSCS faces £106m bill

The Upper Tribunal has upheld an FCA decision to fine and ban Alistair Burns, chief executive of advice firm TailorMade Independent Limited, as it was confirmed that the FSCS compensation bill for his failed business could hit £106.5m.

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