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11 July 2022 | Comment | Article by Neil Stockdale

Colbourne & Company, face restrictions from the FCA, stopping them from carrying out any regulated activity

The FCA has placed restrictions on Colbourne & Company, after discovering its advisor was carrying out regulated activities, beyond their permissions under Part 4A of the Financial Services and Markets Act 2000.

It is alleged that Colbourne & Company, elicited unauthorised fees for carrying out the activities of somewhere in the region of £218,000 to £250,000.

Colbourne & Company, which operated in Tamworth as a sole tradership had a client portfolio which consisted mainly of elderly and vulnerable clients.

The restrictions imposed by the FCA aim to stop Colbourne & Company from reducing the value of its assets, which include the unauthorised fees.

If you think you may have been mis-advised by Colbourne & Company, then you could be entitled to compensation.

If you would like a free, no-obligation, then contact the Financial Mis-Selling Team on 029 2267 5700 to find out how we can help you.

If you would like a free, no-obligation chat, then contact the Financial Mis-Selling Team on 029 2267 5700 to find out how we can help you.
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