Leeds-based adviser firm enters liquidation following pension transfer permission loss

Fell into administration this year

Hannah Godfrey
clock • 1 min read

Leeds-based adviser firm Capital & Income Solutions has entered administration, Professional Adviser can reveal.

The firm fell into liquidation on 17 January after losing pension transfer permissions in June last year. According to the Statement of Affairs document found on the firm's Companies House entry, the firm lost £2.5m from 29 August 2017 to the date it wound up.  As of 14 January this year it owed more than £1m to various creditors, including £150,000 to loan creditors, £405,000 to trade creditors and £410,000 to HM Revenue & Customs, £350,000 of which was estimated to be for corporate tax.  In early February 2017, it first appeared the firm would close, with a compulsory strike-off fil...

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

Perspective inks JV with accountancy and professional services group

Perspective inks JV with accountancy and professional services group

To form DJH Perspective Wealth Management

Isabel Baxter
clock 06 January 2026 • 2 min read
Fairstone deputy chair Lee Hartley exits consolidator

Fairstone deputy chair Lee Hartley exits consolidator

CEO Steven Cooper sets out 2026 expansion plans

Sahar Nazir
clock 06 January 2026 • 2 min read
M&A outlook: FCA's consolidation review beginning to 'play out in real time'

M&A outlook: FCA's consolidation review beginning to 'play out in real time'

‘2025 has really been the year the FCA stepped up’

Isabel Baxter
clock 05 January 2026 • 5 min read