The UK Financial Conduct Authority (FCA) has cancelled the Part 4A permission of Pringles Financial Services.

The effect of the cancellation is that the firm no longer has permission to carry on any regulated activities.

Pringles Financial Services was authorised by the Authority to conduct the following regulated activities:

1. advising on investments (except on pension transfers and pension opt outs)
2. advising on P2P agreements;
3. advising on regulated mortgage contracts; agreeing to carry on a regulated activity
4. agreeing to carry on a regulated activity;
5. arranging (bringing about) deals in investments;
6. arranging (bringing about) regulated mortgage contracts;
7. making arrangements with a view to regulated mortgage contracts; and
8. making arrangements with a view to transactions.

The FCA considers that the firm is carrying on no regulated activity to which its Part 4A permission relates. The Authority has therefore decided to cancel the Firm’s Part 4A permission.

The cancellation of the Firm’s Part 4A permission took effect on June 11, 2024.