Tenet Group administration extended for another year

Failed advice network entered administration in June 2024

Isabel Baxter
clock • 2 min read

The administration of Tenet Group has been formally extended by a year, marking the latest development in the winding down of the former adviser network.

The period of administration has been extended by one year until 4 June 2028, a Companies House notice filed on 26 June confirmed. This follows changes to the administration team earlier this month, including the appointment of Joshua Dwyer as an administrator on 22 June following the resignation of Ed Boyle on 9 June. No further detail on the reasons for the extension was disclosed in the Companies House filing. Tenet Group entered administration in June 2024 after a prolonged period of financial difficulty linked to historic defined benefit pension transfer liabilities and regula...

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