FCA says adviser was a risk to customers and undermined the financial system
An investment adviser has been banned and fined for faking Chartered Insurance Institute qualifications documents.
Alcoholic Darren Cummings “poses a risk to consumers and to the integrity of the financial system”, says the FCA
He created two bogus statements of professional standing, claiming they were issued by the CII.
He was issued with a penalty of £29,300 and banned from carrying out regulated activity.
“The authority considers that Mr Cummings lacks honesty and integrity and, therefore, is not a fit and proper person,” the FCA said.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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