'We were under extra scrutiny': Launching a Welsh financial planning firm after BSPS saga

Will carry out DB transfer advice

Hannah Godfrey
clock • 3 min read

Gavin Kingsley worked as an IFA in south Wales during the British Steel debacle and, here, he talks to Hannah Godfrey about launching a new firm located at the heart of the scandal that gripped the financial advice profession.

Sanctuary Financial Planning was launched by four directors - Gavin Kingsley, Gareth Shears, Shane Hyland and James Baker - just a few months ago in January. Kingsley, Shears and Baker had all worked together at Newport-based firm Niche IFA before making the decision to start their own business, while Hyland joined to form the quartet after running his own directly authorised firm HRW Consulting.  Niche IFA - a business Kingsley describes as "a great firm to work for" - stopped advising British steelworkers after it felt overwhelmed by men wanting to transfer out of their defined bene...

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