Westwood Independant Financial Planners v The Financial Conduct Authority: FS/2011/0019

Upper Tribunal Tax & Chancery decision of Judge Sinfield and Member Douch and Member Lund on 22 November 2013.

Read the full decision in Westwood Independant Financial Planners v Financial Services Authority: FS/2011/0019.

FINANCIAL SERVICES – alleged breaches of Principle 7 (communication of information) and Principle 9 (suitability of advice) of Principles for Businesses and related Conduct of Business Rules in relation to Geared Traded Endowment Policies - whether Authority and Tribunal have jurisdiction - yes - whether Applicant breached Principles and COB Rules – yes - whether financial penalty appropriate - yes - amount of penalty confirmed - reference dismissed.

Published 1 December 2016