Detail

Mr and Mrs Chiesa were founding partners of Westwood Independent Financial Planners (Westwood), a firm authorised by the FCA to provide personal investment advice.

Following action taken by the Financial Conduct Authority in May 2011 over mis-selling of geared traded endowment policies (GTEP products), Westwood became insolvent and went into sequestration, the term used in Scotland to describe bankruptcy.

Source Link

https://www.fca.org.uk/news/press-releases/fca-fines-bans-wife-husband-financial-advisor

FCA fines and bans wife and bans husband financial advisor for lack of integrity

United Kingdom

Detail

Source Link

Related Penalties

Lloyds TSB Bank Plc, Lloyds TSB Scotland Plc, and Bank of Scotland plc Fined £4,315,000 by the Financial Conduct Authority

Merrill Lynch International Fined £13,285,900 by the Financial Conduct Authority

Barclays Bank plc Fined £72,069,400 by the Financial COnduct Authority

Alison Moran Fined £20,000 by the Finanacial Conduct Authority

Reckitt Benckiser Group Plc Fined £539,800 by the Financial Conduct Authority

Share Page

For Candidates

For Employers

Helpful Links

Account

Sign Up For a Newsletter