SFO Arck investigation turns to advisers

Jenna Towler
clock

The Serious Fraud Office (SFO) wants all advisers with clients invested in the Arck property funds to make contact with investigators.

The body, which is working on the investigation with Nottinghamshire Police, also wants investors to get in touch with ‘Project Bijou' officers. The SFO is investigating allegations of serious fraud involving investments made in Arck, and self-invested personal pension provider HD Administrators and other related companies. It said the Financial Services Authority (FSA) is also interested in matters arising from the investigation. A notice on the SFO's website called for information from potential witnesses who have had involvement with these companies, including investors and advi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Open finance could pose 'existential threat' to advice market

Open finance could pose 'existential threat' to advice market

Consumer Duty Alliance tech forum attendees hear

Sophia Panayi
clock 23 July 2026 • 3 min read
New regulations and challenges in the EU and UK: What are advisers' next moves?

New regulations and challenges in the EU and UK: What are advisers' next moves?

Regulatory simplification vs expanding oversight

Bernadine Reese
clock 16 July 2026 • 4 min read
FCA investigates 11 potential Consumer Duty breaches including small IFA

FCA investigates 11 potential Consumer Duty breaches including small IFA

Publishes good practice review

Michael Nelson
clock 13 July 2026 • 4 min read