The FSA has issued Final Notices to Hadenglen Home Finance plc and Richard Hayes. Hadenglen Home Finance plc has been fined £133,000 and Richard Hayes has been fined £49,000 for inadequate systems and controls when recommending re-mortgages and Payment Protection Insurance (PPI) to customers. This is the first time the FSA has fined both a firm and its chief executive for re-mortgage and PPI failings.

View Final Notice - Hadenglen Home Finance plc, (PDF 276KB), 6 September 2007

View Final Notice - Richard Hayes, (PDF 514KB), 6 September 2007

Final Notice - Michael Agbaje trading as AAA Management and Financial Enterprise

The FSA has issued a Final Notice to Michael Agbaje trading as AAA Management and Financial Enterprise cancelling the permission to carry on regulated activities.

View Final Notice - Michael Agbaje trading as AAA Management and Financial Enterprise, (PDF 89.1KB), 7 September 2007