IFA deemed "not a fit and proper person" by FSA. Is it bad?

Nov 24, 2006 2 Replies

I'm working with an independent financial advisor but I discovered that this person was deemed "not a fit and proper person" in a final notice of the Financial Service Authority, in relation to a previous business she was running. Since then she's working outside the UK. How serious is this? Should I avoid working with this person?



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