01 · In plain English
What happened.
On 30 May 2025 the Financial Conduct Authority fined individual adviser David Brian Price £465,415 after finding he provided inappropriate pension transfer advice and breached PRIN 1. PRIN 1 requires firms and individuals to act with integrity and due skill, care and diligence and to treat customers fairly. The FCA’s Final Notice also withdrew his regulatory approvals and imposed a prohibition order; the notice (linked below) gives the FCA’s full findings and the period of the misconduct.
Summary generated from the FCA notice and press reports. Check the final notice below before relying on it.
02 · Enforcement details
What the FCA published.
On 30 May 2025, the Financial Conduct Authority fined David Brian Price £465,415. This Final Notice refers to breaches of PRIN 1 and the provision of inappropriate pension transfer advice. We imposed a financial penalty, withdrawal of approvals and a prohibition order. Source: the FCA's published list of 2025 fines. Notice:
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