FSA takes action against two brokers over client money failings
The Financial Services Authority has today taken action against two insurance brokers - Delwyn Way of Shield Insurance Consultancy and Adrian Shillaker of Griffiths McAlister Insurance Brokers - for failing to adequately protect client’s money and assets.
It said Shield's director, Delwyn Way, has been fined £77 957 and banned from working in financial services for putting clients at risk by failing to ensure their insurance premiums were passed onto
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