FCA orders Montfort Int'l to halt new pension business

clock • 2 min read

The UK's financial services regulatory body has ordered cross-border financial services company Montfort International to stop all new pensions and investment business. Following a permission restriction on the Financial Conduct Authority's (FCA) adviser register page, Montfort International has agreed to halt all of its new pension and investment work from 4 May 2020. The FCA register entry has been updated and outlined that Montfort must "cease all new investment or pension business and must not dispose of assets (effective 04/05/2020)" It read: "This firm cannot hold client mone...

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Gary Robinson

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