Connaught investors urged to contact independent review

Collapsed in 2012

Jenna Brown
clock • 2 min read

The independent review into the Connaught Income Fund Series 1 collapse has invited affected investors to get in touch.

The review, launched in June, was set-up to establish the lessons the financial watchdog could learn from its handling of the Connaught Income Fund Series 1 saga which saw investors pour £118m into the fund before it fell into administration. Barrister and part-time judge Raj Parker is leading the review and has requested people affected share their experiences. The deadline for responses is 8 November. He said all responses should be limited to the "matters which fall within the scope of the review". The review, set up by the Financial Conduct Authority (FCA), covers the period from ...

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

Abuse victims must not be 'blocked' from redress, group urges

Abuse victims must not be 'blocked' from redress, group urges

In response to FCA and FOS consultation paper

Jen Frost
clock 12 May 2026 • 3 min read
FCA receives 210 whistleblower complaints over Consumer Duty in Q1

FCA receives 210 whistleblower complaints over Consumer Duty in Q1

Closed 265 whistleblowing cases between January and March

Michael Nelson
clock 11 May 2026 • 2 min read
Ex-investment adviser sentenced to additional prison time

Ex-investment adviser sentenced to additional prison time

Richard Faithfull failed to pay back £529,961

Sophia Panayi
clock 11 May 2026 • 2 min read