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WealthTek

The companies, products and regulatory developments shaping the broker industry.

Three WealthTek gatekeepers agreed £57.63m for customers—without one common legal finding

Three FCA settlements involving separate WealthTek financial-services gatekeepers identify £57,633,775 in customer-directed voluntary payments, which must not be confused with fines or completed individual distributions.

11 Nov 2026Analysis11 min read

Regulation & enforcement

Sapia’s £19.6m WealthTek payment was 1.85 times its hypothetical fine

The FCA redirected a larger sum to affected clients while documenting an oversight structure in which Vertus personnel approved payments and reconciled the records.

Published 8 Nov 2026Analysis8 min readEvent 25 Jun 2026