Inspirational Financial Management Ltd

Reference number: 223511

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Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

  • No website on the FCA register

  • Verified phone number

    0800 999 1329

  • Verified address

    C/O Zane Collins (IP No. 25952) of Insolvency One Limited, 1 Aire Street, Leeds, West Yorkshire, LS1 4PR, United Kingdom

Also trades as
  • IFM Mortgage Solutions
  • IFM Retirement Solutions

Company details

From the company's Companies House record.

Concerns on the company record

  • Companies House records this company in liquidation, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company number
03539537
Company status
Liquidation
Company type
Private limited company
Incorporated
2 April 1998 (28 years old)
Registered office
C/O Insolvency One, 1 Aire Street, Leeds, LS1 4PR
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
William Hofstetter Director Oct 1955 31 Jan 2000
Nigel Pamment Secretary Not published 10 May 2002

Check on the FCA register → Report a scam →

Activities and protection

What the record covers, and how you are protected

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (16 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on a home reversion plan
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Advising on Pension Transfers and Pension Opt Outs
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) a home reversion plan
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Assisting in the administration and performance of a contract of insurance
  • Credit Broking
  • Debt-counselling
  • Making arrangements with a view to a home reversion plan
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments

Limits on the record

  • Assets Restriction
    Effective from 13 November 2020: The Firm must not in any way take any of the actions below in relation to its assets without the prior written consent of the FCA: 1) transfer any assets (by dividend, loan, transfer of collateral or otherwise); 2) dispose of, deal with or diminish the value of any of its assets.

Track record

Action taken against them

1 fine in 2024. This is part of the official register record and is worth reviewing before going ahead.

  • Fined on 11 March 2024
    The Authority takes this action against IFM for breaches of Principle 3 (Management and Control), Principle 6 (Customers' interests) and Principle 9 (Customers: Relationships of Trust) of the Authority’s Principles for Businesses (the Principles) that occurred between 8 June 2015 and 22 December 2017 (the Relevant Period). The breaches relate to advice provided to customers to transfer out of occupational Defined Benefit Pension Schemes, in particular the British Steel Pension Scheme, into alternative pension arrangements.

    Read the FCA notice →

Names it no longer trades under

This firm has retired one trading name. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired name
  • Lifetime Solutions

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Common questions

Frequently asked questions

Is Inspirational Financial Management Ltd FCA authorised?
Yes, Inspirational Financial Management Ltd (FRN 223511) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm.
Is my money safe with Inspirational Financial Management?
Inspirational Financial Management is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Is Inspirational Financial Management a scam or clone?
Inspirational Financial Management is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Inspirational Financial Management's Firm Reference Number (FRN)?
Inspirational Financial Management's FRN is 223511. You can verify it on the FCA register.