IFA with links to multi-asset fund subject to SFO probe declared failed

One of the two firms, NBCL, acted as an appointed representative (AR) of Joseph Oliver Mediação de Seguros, Lda - a Portuguese firm regulated by the Instituto de Seguros de Portugal - between 29 May 2014 and 8 April 2016. Joseph Oliver Mediação de Seguros, Lda passported into the UK under the Insurance Distribution Directive, according to the FSCS. NBCL, trading as ‘The Pension Reporter', was incorporated on 15 December 2011, according to Companies House. It ceased to be registered as an AR with the Financial Conduct Authority (FCA) on 8 April 2016 and was subsequently dissolved on 14 Au...