LCM Family Limited have applied to the Financial Conduct Authority (“FCA”) to impose requirements with immediate effect under section 55L(5)(a) of the Financial Services and Markets Act 2000.
As a result of these requirements:
- LCM Family Limited has ceased all FCA-regulated activities with immediate effect.
- The firm must not move or facilitate the movement of their own assets, client money, or clients without the FCA’s prior written consent.
LCM Family Limited will not provide regulated financial advice, arrange regulated transactions, carry out reviews, or make recommendations.
Clients’ existing investments or policies are not affected by this notice and continue to be held with the relevant product providers or custodians. LCM Family Limited does not hold client money for FCA regulated business.
Clients who require ongoing financial advice should consider engaging an alternative FCA authorised financial adviser who is listed on the Financial Services Register which can be accessed at https://register.fca.org.uk/s/.
Clients can contact us for further information at lcmf@btguk.com. If you wish to make a complaint, please contact us at lcmf@btguk.com.