Rockingham IFA fined £35k for exposing retirees to unsuitable advice

Laura Miller
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The Financial Services Authority (FSA) has fined Peterborough-based Rockingham Independent £35,000 and imposed partial bans on its directors and an adviser for exposing retirees to unsuitable advice.

Directors Stephen Hunt and Jonathan Edwards and adviser Gary Forster have been banned from selling complicated investments. The FSA found a number of failures at the firm resulting in 426 custom...

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