Sapia Partners avoids FCA penalty with £19.6m WealthTek payment

Exposed clients to ‘unacceptable risk’

Michael Nelson
clock • 1 min read

Sapia Partners has agreed to make a voluntary payment of over £19.6m to WealthTek clients after the Financial Conduct Authority found it did not put enough safeguards in place to protect WealthTek clients’ money.

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Sapia Partners avoids FCA penalty with £19.6m WealthTek payment

Sapia Partners avoids FCA penalty with £19.6m WealthTek payment

Exposed clients to ‘unacceptable risk’

Michael Nelson
clock 23 April 2026 • 1 min read
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