Legal News

FCA imposes restrictions on Arthur Temlett

Published on: 22 January 2025
Published by LNB News

LNB News 22/01/2025

Document Information

Issue Date: 22 January 2025

Published Date: 22 January 2025

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has imposed restrictions on Arthur Temlett, trading as Abacus Insurance Consultants, preventing the firm from conducting any regulated activities, including acting as an insurance broker. This action was taken due to concerns that Abacus Insurance, based in Dumfries and Galloway, may have been selling home and motor insurance without forwarding premium payments to the insurance provider. Customers are advised to verify their insurance policies directly with their providers and secure alternative coverage if necessary.

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