Clients told to take claims to FSCS
Lost permissions 31 May
2,700 SIPPs with Harlequin investments
Entered administration May 2017
Firm filed intention to appoint administrator
Suspended service in 2017
Assets bought by rival
Now seeking buyer
CEO explains when and why FSCS pursues recovery action
Arch Financial Products chief executive Robin Farrell and compliance officer Robert Addison have called in administrators to liquidate the company, weeks after the High Court ruled it had been negligent in its management of the failed Arch cru fund range....
Equity release specialists In Retirement Services has gone into administration.
Credit Suisse Asset Management (CSAM) has selected BNY Mellon Asset Servicing to support its inaugural Irish ETF range.
Suffolk Life will remove fees for protected rights funds from 1 May 2009, it has confirmed.
Legal & General Mortgage Club has partnered with Connect Mortgage Group to provide its directly authorised members with outsourced support services.
The UK financial adviser industry is potentially losing £1.7bn of business a year undertaking administration tasks rather than attracting clients and selling products.
Trustguard, a mortgage packager, will go into voluntary liquidation after being placed in administration.
Crosby Capital Partners has today announced it has been appointed manager of Forsyth funds.
Some of the smaller sub-prime lenders could soon follow Victoria Mortgages into administration in the wake of the credit crisis, according to Ray Boulger, senior technical manager at John Charcol.
Complaints to the Pensions Advisory Service (TPAS) about poor administration in personal pension arrangements have risen by 43% in the last year, according to its annual report. Administration complaints accounted for more than 30% of the total complaints...
A technology platform promising to marry all an adviser firm's processes "from point of sale through to client servicing" has been launched.
Around 35,000 consumers have been given the green light to make compensation claims against a fund management firm two years after it went into administration.
Administration has been replaced by investment options as an adviser's key worry, according to research.
For many offshore insurers, this is the best of times as offshore single premium sales in the UK are expected to exceed £6bn in 2006.
Over 400 customer service and support staff in Belfast will transfer to Capita when it takes over sales and administration services for Prudential UK's life and pensions range.