does IVA effect my FSA registration

3 posts Page 1 of 1
Post Reply
 
 

davidw

User avatar
Posts: 1
Joined: Thu Mar 15, 2007 9:16 am
Location:
Post by davidw » Thu Mar 15, 2007 9:24 am
Quote
Does entering into an IVA effect my Financial Services Authority (FSA) registration as a "fit and proper person" / "financial soundness". I quote from the FSA rule book - "whether the person has been the subject of any judgment debt or award in the UK or elsewhere that remains outstanding or was not satisfied within a reasonable period
whether the person has (in the UK or elsewhere) made any arrangements with their creditors, filed for bankruptcy, been adjudged bankrupt, had assets sequestrated, or been involved in proceedings relating to any of these. "
Top
 
 

CoverItAll

User avatar
Posts: 339
Joined: Fri Mar 09, 2007 12:19 pm
Location: United Kingdom
Post by CoverItAll » Thu Mar 15, 2007 10:56 am
Quote
David, I think I can help here, but to do so would need information such as your FSA number, that you might not wish to broadcast. Please feel free to e-mail me directly.

John Tegg
Accident and Sickness cover that pays for up to 60 months for Clients within IVA's.
Tel: 0845 673 9999
www.asu4iva.co.uk
John Tegg
john.tegg@dms4asu.co.uk
http://www.paymentcover.co.uk
STANDARD TERMS for Forum Members for Home Insurance, Self Employed Tradesman's Public Liability, and Short Term Income Protection.
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Thu Mar 15, 2007 11:56 pm
Quote
My view is that yes it does if you are acting as an IFA. Check with the FSA on a no-names basis, and take John up on his offer of assistance.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
3 posts Page 1 of 1
Return to “IVA postbag for march”