Birmingham adviser firm goes into default following store pods SIPP advice

Entered administration 30 December

Hannah Godfrey
clock • 1 min read

Birmingham-based adviser firm Anthony Feeney Financial Services has entered administration following a number of pension and investment claims made against it.

The firm entered administration on 30 December 2019. Any upheld claims made against it will now fall onto the shoulders of the Financial Services Compensation Scheme (FSCS).  The lifeboat fund told PA it has received 45 claims against the firm so far. Two have been successful, with £82,500 paid in compensation, while one was unsuccessful, leaving 43 claims in progress.  Earlier this year Professional Adviser revealed Liverpool-based law firm Smooth Commercial Law were working with around 20 clients of Anthony Feeney FS. Most of the cases were, at the time, headed towards a Financia...

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

Regulation is changing shape - what do advisers need to do about it?

Regulation is changing shape - what do advisers need to do about it?

Five themes, one direction of travel

Marjolaine Quirke
clock 18 September 2026 • 5 min read
FCA, HMRC and the Met ramp up crackdown on illegal crypto trading

FCA, HMRC and the Met ramp up crackdown on illegal crypto trading

Swooped on three premises

Laura Miller
clock 18 September 2026 • 2 min read
The morality regulator? Has the FCA gone too far on non-financial misconduct?

The morality regulator? Has the FCA gone too far on non-financial misconduct?

When the regulator follows you home

Gareth Fatchett
clock 17 September 2026 • 8 min read