FCA bans senior manager of debt management firm

The Financial Conduct Authority (FCA) has banned Howard Roland Duckett from working in financial services due to a serious lack of honesty and integrity.

Duckett was a senior manager at Beauforce Corporation Limited, a debt management firm. The High Court has disqualified Mr Duckett from acting as a company director for 10 years. It found that he had failed to maintain adequate records while director of an unrelated company.

The Court also found that Duckett repeatedly lied and attempted to rely on fabricated evidence to distance himself from the company and deny that he was a director. This included falsely claiming that a fictitious individual was responsible for running the business.

Duckett failed to tell the FCA about his disqualification.

In November 2025, the FCA restricted Beauforce Corporation Limited from carrying out any regulated activities. This means it cannot provide regulated debt advice or debt management services to consumers. The FCA also ordered the firm to stop accepting money from consumers and return any money held in its bank accounts.

Therese Chambers, joint executive director of enforcement and market oversight, said “Mr Ducket constructed an elaborate fiction in his attempt to avoid disqualification and did not disclose his disqualification to the FCA. He deserves to be banned from the industry.”