The directors of Bank House Investment Management have been fined by the FCA for providing unsuitable advice, encouraging clients to transfer their pensions into high-risk SIPPs.
It’s hard enough that you’ve lost your pension money.
As per 5th September 2023, Evelyn Partners LLP (Evelyn Partners) have notified clients that they have been appointed joint liquidator following the registration of the notice that they were moving Rowanmoor from administration into creditors’ voluntary liquidation.
The regulatory body, the FCA, has fined both Darren Reynolds & Andrew Deeney for their failure to act in their clients' best interests in order to maximise personal gain.
Gaudi Regulated Services Ltd (Gaudi), was a SIPP operator which provided or administered SIPPs which could also be branded and modified to suit other business partners.
DAC Pensions Ltd had 697 clients and funds of £26.7m under administration.