Bluesky Wealth Management head fined and banned from UK financial services industry
( May 12, 2026, 10:47 GMT | Official Statement) -- MLex Summary: The head of Bluesky Wealth Management has been fined £755,000 and banned from the UK's financial services industry for "repeatedly" acting without integrity and putting customers at risk for personal financial gain. The Financial Conduct Authority said Frank Breuer ignored FCA warnings ordering him to protect pensions clients and stripped away company money for himself. Statement follows. The Final Notice is attached....
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