FCA probe claims Hartley Pensions took client money 'without consent'
Hartley Pensions took client money without their consent and failed to meet liquid capital requirements, the FCA says.
Stay updated with breaking news from Berkeley Burke. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Hartley Pensions took client money without their consent and failed to meet liquid capital requirements, the FCA says.
Members of pension schemes administered by Hartley Pensions have been warned there is an “imminent risk” that the value of their pensions will be reduced.
Advisers have reported clients stuck in collapsed Sipp provider Hartley Pensions have been cold called.
The sentencing of David Ames – the man behind the Harlequin property scandal –in September to 12 years in jail brought the curtain down on a fraud that probably did more damage to the Sipp brand than any other scam over the 15 years that the operation of Sipps has been regulated.
In my first year at Money Marketing back in 2018 I got into the fascinating world of Sipp litigation. I got my teeth into two significant cases that I covered extensively.