It's not far enough. But removing the dukedom from him is a good start

So Andrew will remain a prince but give up his dukedom, his Knight Grand Cross of the Royal Victorian Order and his role as Royal Knight Companion of the Most Noble Order of the Garter.

- Giles Whittell

He will stay at Royal Lodge but won't be invited to royal Christmases at Sandringham.

This is all a tremendous relief. Imagine if a friend of a convicted paedophile had remained a member of the Most Noble Order of the Garter. Think how ridiculous that would have been. The order might never have recovered! But now, praise be, its other knights can go on rendering distinguished service to the monarch without being tarnished by association.