The PIA has announced a new round of expulsions, fines and reprimands.
The regulator has terminated the membership of Jeffries & Co of 42
Barrhill Road, Kirkintilloch, Glasgow, on the grounds that its sole
principal is bankrupt.
It has expelled The Independent Consultancy Group of Brue Business Park,
Church Road, Bason Bridge, Highbridge, Somerset, for failing to comply with
training and competence requirements and for failing to effect and maintain
professional indemnity insurance.
It has also expelled Notecall Limited, which trades as K&R Financial
Services, of 78 Castle Lane West, Bournemouth, Dorset, for failing to
provide suitable advice and other compliance failings.
The PIA has slapped a £20,000 fine on Town and City Financial Services of
25 The Calls, Lees, West Yorkshire, for its conduct in the pension review.
It also reprimanded the company.