2024 fines

This page contains information about fines published during 2024. The total amount of fines so far is £929,640.

Firm or individual fined Date Amount Reason
Inspirational Financial Management Ltd (in administration) 11/03/2024 £897,840 This Final Notice refers to breaches of Principles 3, 6 and 9 related to the provision of unsuitable defined benefit pension transfer advice in the pensions sector. We imposed a financial penalty.
Floris Jakobus Huisamen 13/02/2024 £31,800 This Final Notice refers to breaches of CoBS related to financial promotions in the Issuer sector. We imposed a financial penalty.