FCA: Final Notices: Inspirational Financial Management Ltd (in administration)/Arthur Cobill/William Hofstetter
FCA has fined the firm, which is in administration, £897,840. It poorly advised people to transfer out of DB pension schemes, including the BSPS. Arthur Cobill, an adviser at the firm, and William Hofstetter, one of its directors, have been prohibited from advising customers on pension transfers and pension opt outs. William Hofstetter, who as responsible for the compliance oversight of the firm’s process for pension transfer advice, has also been prohibited from holding any senior management function at any regulated firm. The individuals agreed to pay £120,000 and £40,000 respectively, to FSCS to contribute to compensation for
Last updated · 13 Mar 2026
Regulatory News - Financial Services & Regulation
See allCMORG: Firm guidance for frontier AI
This guidance brings together industry and regulatory thinking on frontier AI resilience and sets out a structured approach across governance, protection, response, automation and resilience.
FCA: Appointed representatives data
FCA has published data on the appointed representatives population and financial services activity.
For more information
BoE/FCA: MoU on the supervision of FMI
BoE and FCA wrote to CCPs, RIEs and RCSDs to request feedback on the MoU on whether the proposed cooperation set out in the MoU was working effectively. This joint statement notes that respondents reported a high degree of cooperation.
HoL: Financial Services and Markets Bill
Ahead of the second reading of the Bill, scheduled for 8 June 2026, a HoL Library briefing has been published.
FCA: CP26/17: Quarterly Consultation Paper No. 52
The latest edition of FCA’s QCP includes consultations on: climate reporting for investment firms; various issues relating to cryptoassets; UK CRR, and RMA-M scheduling and guidance. Responses are required by 13 July 2026. A separate press release has been published on the climate reporting rules consultation.