Updated: Adviser denied FCA re-authorisation has £3m in FSCS claims

Walker was the sole shareholder, director and adviser at Belfast-based C3 Financial Services when she gave advice to customers to switch their personal pensions into self-invested personal pensions (SIPPs) where the underlying investments were held in risky unregulated bonds. The bonds were all structured and distributed by the same entity - referred to as ‘Provider C' by the FCA - for the purpose of attracting funds for businesses to raise capital, often start-up companies, a large number of which related to green energy projects or overseas property developments. The majority of C3'...