FCA secures bankruptcy order against Arthur Temlett

We asked the Court to make Arthur Temlett, trading as Abacus Insurance Consultants ('Abacus'), bankrupt. This is known as sequestration in Scotland. The Sheriff granted our application on 27 August 2026. Emma Porter of Aver Chartered Accountants ('Aver') was appointed as trustee. She will now assess Mr Temlett’s financial affairs and seek to distribute any recovered funds to creditors.Arthur Temlett is awaiting trial on embezzlement charges brought following an investigation by Police Scotland.On 21 January 2025, we took action to protect consumers by stopping Arthur Temlett from carrying out any regulated activities, including acting as an insurance broker. This was because of concerns that he may have sold home and motor insurance without passing premium payments on to the insurance provider.

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