News

No fine for QROPS adviser who breached code

Wednesday 23rd of August 2017

The initial decision on the QROPS adviser’s case was released in June.

The adviser admitted breaching code standard 12, and keeping inadequate records. After the Financial Advisers Disciplinary Committee (FADC) hearing, it determined that he had also breached code standard six, which covers behaving professionally.

The FMA’s other claims, including that he was not competent to pro...

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