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...

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