Adviser banned and fined six-figure sum over pension failings
A financial adviser has been banned from working in UK financial services and fined £755,000 after the Financial Conduct Authority (FCA) found he acted without integrity and put customers at risk through unsuitable pension transfer advice.
Frank Breuer, the former joint owner and sole director of Birmingham-based Bluesky Wealth Management, was sanctioned following an FCA investigation into the firm’s handling of defined benefit (DB) pension transfers.
Bluesky was authorised to advise clients on DB pension transfers, but the F... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
