Monday, April 6, 2009

FSA bans director for acting recklessly - 6 April 2009

FSA bans director for acting recklessly - 6 April 2009: "The Financial Services Authority has banned Worcestershire financial adviser Norman Mark McCance for failings related to quality and suitability of advice and compliance at his firm, Penn Financial Services Unlimited."

If this is the whole story then this is the sort of 'adviser' who gives the rest of you a bad name. Is this a case where criminal prosecution is more apt that simply 'banning' an individual?

2 comments:

  1. This man is a menace and has put many people's homes and financial well being at risk because of his greed and arrogance. A prison sentance would be more appropriate.

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  2. I couldn't have said it better myself!

    ReplyDelete