Parallel Employee Benefits Limited

Reference number: 993281

Instant download

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.

Also trades as
  • Parallel

Company details

From the company's Companies House record.

Company number
13842154
Company status
Active
Company type
Private limited company
Incorporated
11 January 2022 (4 years old)
Registered office
Unit 5,Plaza Gardens, Upper Richmond Road, Putney, London, SW15 2DT, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Malcolm David Lyons Director Feb 1967 11 Jan 2022
Caroline Norris Director Aug 1980 1 May 2022
David Frank Lawrence Director Sep 1968 11 Apr 2025
Nisha Azhar Secretary Not published 8 Jan 2024

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.

Check your FSCS cover →

Show FCA detail (4 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Making arrangements with a view to transactions in investments

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

Download this page as a PDF report

£5 for a clean, timestamped copy you can keep, file or send on. It also helps keep the site free to use and free of ads.

Instant download

Common questions

Frequently asked questions

Is Parallel Employee Benefits Limited FCA authorised?
Yes, Parallel Employee Benefits Limited (FRN 993281) is authorised by the FCA to carry out regulated activities.
Is my money safe with Parallel Employee Benefits?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Parallel Employee Benefits to the Financial Ombudsman Service, free of charge.
Is Parallel Employee Benefits a scam or clone?
Parallel Employee Benefits 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 Parallel Employee Benefits's Firm Reference Number (FRN)?
Parallel Employee Benefits's FRN is 993281. You can verify it on the FCA register.