Link Fund Solutions Limited
Reference number: 119197
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Authorised by the FCA
This firm is on the FCA register and authorised to carry out regulated activities.
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.
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Verified website
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Verified phone number
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Verified address
Link Group, Central Square, 29 Wellington Street, Leeds, LS1 4DL, United Kingdom
- Link Asset Services
- Link Group
Company details
From the company's Companies House record.
- Company number
- 01146888
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 21 November 1973 (52 years old)
- Registered office
- Central Square, 29 Wellington Street, Leeds, LS1 4DL, United Kingdom
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Current directors and secretaries
| Name | Role | Born | Appointed |
|---|---|---|---|
| Nigel Stephen Boyling | Director | May 1956 | 7 Feb 2011 |
| Antony John Stuart | Director | Sep 1952 | 15 Nov 2017 |
| Alistair Garnet Reid | Director | Jan 1955 | 4 Jan 2021 |
| MUFG PMS CORPORATE SECRETARY LIMITED | Corporate secretary | Not published | 3 Nov 2017 |
Activities and protection
What they can do, and how you are protected
- Hold or safeguard your money · Run or oversee funds FSCS may applyEligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
Show FCA detail (3 permissions)
- Managing an authorised AIF
- Managing an unauthorised AIF
- Managing a UK UCITS
Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Track record
Action taken against them
3 FCA actions between 2012 and 2024, £50m in fines. This is part of the official register record and is worth reviewing before going ahead.
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Fined £50m on 11 April 2024
On 11 April 2024, the Financial Conduct Authority (the FCA) issued a Final Notice to Link Fund Solutions Limited (Link). For the reasons given in the Final Notice, the FCA required Link to pay restitution of £298,403,919, or such lower sum as may be payable under a scheme of arrangement, to the LF Woodford Equity Income Fund (WEIF) for the benefit of current unitholders (“Relevant Investors”). This sum reflected losses suffered by Relevant Investors as a result of contraventions by Link of Principle 2 and Principle 6 of the Principles for Businesses. Link agreed to settle the case by implementing an appropriate scheme of arrangement under which it is expected that £230,000,000 of restitution will be payable. Were it not for this arrangement, the Authority would have proposed to impose on Link a financial penalty of £50,000,000. A copy of the Final Notice can be found on the Authority's website and can be accessed.
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Publicly censured on 10 November 2017
On 10 November 2017, the FCA published a public censure in respect of Capita Financial Managers Limited. This is in respect of breaches of Principles 2 (skill, care and diligence) and 7 (Communications with clients) of the FCA’s Principles for Businesses between April 2008 and September 2009. The Final Notice which sets out the reasons for the action against Capita Financial Managers Limited can be found on the FCA's website.
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Publicly censured on 26 November 2012
On 26 November 2012, the FSA published a public censure in respect of Capita Financial Managers Limited. This is in respect of breaches of Principles 2 (skill, care and diligence) and 3 (management and control) of the FSA's Principles for Businesses (the Principles) and Rules contained in the parts of the FSA Handbook relating to Collective Investment Schemes (COLL) which occurred between June 2006 and March 2009. The Final Notice which sets out the reason for the action against Capita Financial Managers Limited can be found on the FSA's website.
Previously registered as
The FCA register holds 3 earlier registered names for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.
- Capita Financial Managers Limited
- City Financial Managers Limited
- City Financial Unit Trust Managers Ltd
Names it no longer trades under
This firm has retired 3 trading names. 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 names
- Capita Asset Services
- Capita Financial Group
- City Financial Managers
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