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Compliance Monitor

FCA decides to ban and fine director over skewed advice

The Financial Conduct Authority has given notice of its plan to ban and fine Alistair Burns £233,600 over his firm’s pensions advice and handling of conflicts of interest. The chief executive and director of TailorMade Independent Ltd has referred his Decision Notice, under which he is prohibited from any senior or significant influence functions in regulated financial services, to the Upper Tribunal.

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