FSCS

2 articles

Forex news and analysis tagged “FSCS” on BestForex.io.

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newsJuly 15, 2026
FCA Ban and £2 Million Fine Upheld: The British Steel Adviser Who Put His Own Profits Before People's Pensions
The Upper Tribunal has confirmed the FCA's lifetime ban and £2,037,892 fine against Darren Reynolds — the worst British Steel pension adviser the regulator encountered — after he falsified documents, lied to regulators, and extracted assets from his own firm.
Vivienne Calloway7 min read#Darren Reynolds #FCA #British Steel Pension Scheme
newsJune 24, 2026
Bluesky Wealth: Banned for Life
Frank Breuer ran Bluesky Wealth for four years without professional indemnity insurance, misled the FCA about it, then stripped the firm of assets while under restriction. The regulator issued a lifetime ban and a £755,000 fine.
Marcus Fenwick7 min read#Bluesky Wealth #FCA #Frank Breuer

FCA Ban and £2 Million Fine Upheld: The British Steel Adviser Who Put His Own Profits Before People's Pensions