PSG SIPP Limited
Reference number: 514654
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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.
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No website on the FCA register
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No phone number on the FCA register
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Verified address
Adam Henry Stephens of S&W Partners LLP, 45 Gresham Street, London, EC2V 7BG, United Kingdom
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
- 07030395
- Company status
- Liquidation
- Company type
- Private limited company
- Incorporated
- 25 September 2009 (16 years old)
- Registered office
- C/O Rrs Department, S&W Partners Llp, 45 Gresham Street, London, EC2V 7BG
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Current directors and secretaries
| Name | Role | Born | Appointed |
|---|---|---|---|
| Duncan Parsons | Director | Nov 1975 | 9 Sep 2010 |
| Natalie Suzanne Pike | Director | Mar 1983 | 20 Jul 2015 |
| Natalie Suzanne Pike | Secretary | Not published | 28 May 2018 |
Activities and protection
What the record covers, and how you are protected
- In an insolvency processMoney 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 (6 permissions)
- Arranging (bringing about) deals in investments
- Arranging safeguarding and administration of assets
- Dealing in investments as principal
- Establishing, operating or winding up a collective investment scheme
- Establishing/operating/winding up a personal pension scheme
- Making arrangements with a view to transactions in investments
Limits on the record
- This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
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The Firm must not, without the prior written consent of the FCA, in any way dispose of, withdraw, transfer, deal with or diminish the value of any of its own assets, and any funds it holds for, or to the order of, its customers (whether in the UK ...
1. The Firm must not, without the prior written consent of the FCA, in any way dispose of, withdraw, transfer, deal with or diminish the value of any of its own assets, and any funds it holds for, or to the order of, its customers (whether in the United Kingdom or elsewhere). a) For the avoidance of doubt, this restriction includes the sale or transfer of the Firm’s pension business to another authorised firm and/or the sale or transfer of data about the Firm’s clients. 2. The assets restriction does not apply to monetary payments or the disposal of assets made by the Firm in the ordinary course of business, amounting to no more than £20,000 whether as a single transaction or a combination of related transactions. The following payments shall not be regarded as payments in the ordinary course of business: a) Payments of unusual or significant amounts to the Firm’s controllers, shareholders, directors, officers, employees or any connected persons. b) The making of any capital distribution. c) The making of any gift or loan by the Firm to any party. d) Payments made as part of any financial restructuring or reorganisation of its business (whether share or asset based). 3. The assets restriction does not apply to: a) Transactions giving effect to instructions initiated by customers. b) Payments of funds to the Firm’s suppliers in the ordinary course of business and in satisfaction of the Firm’s contractual and legal obligations. c) Usual and proper salary payments made by the Firm.
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The Firm must not, without the prior written consent of the FCA
1. The Firm must not, without the prior written consent of the FCA: a) appoint directors, shadow directors or any other individuals to the Board or senior management team of the Firm; or b) remove duly appointed directors or members of the Firm's senior management team from the Board. 2. For the avoidance of doubt: a) Written consent from the FCA under these requirements to appoint a new director will not constitute approval for that director to act as a senior management function holder and a Form A application would need to be submitted to the FCA for consideration as in the ordinary course of events. b) The governance restriction does not apply to the day-to-day operational activities of the Firm in the ordinary course of business including employing and dismissing individuals not forming part of the Firm's Board and senior management arrangements.
Track record
FCA actions and complaints
No FCA disciplinary action, and no complaints recorded with the Ombudsman.
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