British Steel unregulated introducer buys Swansea pub

Earned some £50,000 from steelworkers

Hannah Godfrey
clock • 2 min read

The owner of the unregulated introducer firm that helped to transfer a number of British Steelworkers from their defined benefit (DB) pension schemes has bought a pub in Swansea.

Clive Howells, who is director at Celtic Wealth Management, which came under fire alongside Active Wealth UK for the role it played in poor advice given to British Steel workers, has bought The Bird in Hand pub in Swansea. According to Llanelli Online, a Welsh news website, the pub closed its doors to the public on 22 November 2018. It had been taken over by pub conglomerate Milton Pubs & Taverns in 2017, which later decided to close the establishment when it ran into financial difficulties. According to Companies House, Howells became director at The Bird in Hand on 17 July 2019. ...

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 Your profession

Advisers overlooking younger clients over asset value bias

Advisers overlooking younger clients over asset value bias

'Young people need to have access to trusted advice'

Sahar Nazir
clock 22 March 2024 • 1 min read
Financial advice crucial as near-term challenges remain

Financial advice crucial as near-term challenges remain

'A good IFA has rarely been more valuable'

Ahmed Bawa
clock 22 March 2024 • 4 min read
Feel Good Friday: Influencers back financial charity's campaign

Feel Good Friday: Influencers back financial charity's campaign

Financial influencers to support MyBnk’s Global Money Week campaign

Professional Adviser
clock 22 March 2024 • 1 min read