The FCA has cancelled the part 4A regulatory permission of Northamptonshire-based firm Nectar Wealth Limited (FRN 800673).

The action means that the firm can no longer carry on any regulated activity.

The firm was authorised by the FCA in June 2018 to conduct regulated activities in consumer credit, insurance distribution and investment business, including advising on pension transfers.

According to the company’s website it offered Financial Planning to people, families and businesses in Brackley, Northamptonshire and the surrounding area.

The FCA said the firm failed to pay regulatory fees, including an invoice dated 28 August 2024 for periodic fees and levies of £2,162.38 which had been due for payment by 27 September 2024.

It warned the firm in December that its part 4A permission could be cancelled but the firm failed to respond so its permission was cancelled on 7 February. The firm has until 6 February 2026 to apply for an annulment of the decision.

The FCA has also cancelled the part 4A permission of Hounslow-based surveying firm Dunphy’s Limited (FRN 311162).

Dunphy’s was authorised by the FCA in January 2005 and had a part 4A permission to conduct regulated activities in relation to general insurance and protection business. It also traded under the name Dunphy's Limited Chartered Surveyors.

The FCA said it has failed to submit returns to the regulator as required. In December the regulator gave the firm notice that it may cancel its Part 4A permission unless it responded and then carried out its threat on 10 February. The FCA said the firm may make an application for an annulment by 9 February 2026.

The only person associated with regulated activities at the firm, according to the FCA Register, was Ian Clark. Companies House records show that Mr Clark resigned as secretary of the firm in March 2019. The records show that company had been incorporated in September 1987.

Last week the FCA cancelled the permission of Scottish firm Retirement & Investment Solutions Limited.