On 10 September 2015, the FCA released a final notice prohibiting Mr Ralph Whittington from performing any regulated activity, and withdrawing his approvals to perform certain functions.

Mr Whittington was a shareholder and manager of insurance mediation company, Savesure Limited (Savesure). The FCA found that Mr Whittington had used money from Savesure’s client account to pay certain business expenses, including repayments to creditors and of loans he had made to Savesure. As a result, the FCA concluded that Mr Whittington “lacks honesty and integrity and, therefore, is not a fit and proper person