Five directors appeal in £76 million pensions review cases

By Neasa MacErlean

Five individuals and one firm have appealed to the Upper Tribunal against FCA decision notices relating to pensions advice, acting without integrity and misleading the regulator regarding assets of just over 2,000 customers who had invested £76 million. Two other firms were given decision notices and public censures. Both these firms are in liquidation, so no fines were proposed against them. No appeals were lodged by these two entities.