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Displaying items by tag: Insolvency Service

Three directors - two of them IFAs - have been fined and disqualified as directors over a £44m SIPP mis-selling scheme.

Published in Articles

A father and son duo behind a failed SIPP firm - which saw investors hand over nearly £92m - have been banned as directors after repaying themselves over £1.3m ahead of creditors.

Published in Articles

A director of a Nottingham-based call centre has been banned from running a business for 8 years due to running an unregistered pension scheme.

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Chartered Financial Planner Darren Antony Reynolds has been banned from being a director for 13 years for pension transfer failings which resulted in clients losing £24 from their pensions.

Published in Features
Wednesday, 01 April 2020 13:24

£7m SIPPs adviser is banned for 8 years

A Wolverhampton financial adviser has been banned for 8 years after clients lost £7m due to poor pension investment advice involving SIPPs.

Published in Articles
Since 2015, the Insolvency Service has applied to the courts to wind-up 24 companies that have carried out a form of pension misuse.
Published in Articles
Four directors involved in transferring £57m out of pension pots - much of it into SIPPs - have been banned for a combined 34 years following an Insolvency Service probe.
Published in Articles
Monday, 09 April 2018 15:28

Pension firms placed in liquidation

Pension and finance companies have been placed in provisional liquidation following an Insolvency Service probe.
Published in Articles