Tag Archives: Darren Reynolds

Tribunal upholds bans and fines for reckless pension advisers and fund manager

This is an announcement on 18th February by the FCA The Upper Tribunal has upheld the FCA’s decisions to ban Stephen Joseph Burdett and James Paul Goodchild from working in financial services.  Mr Burdett and Mr Goodchild previously held senior … Continue reading

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Port Talbot’s chicken dinner man gets fined £2m.

Darren Reynolds has been banned for acting as a Director and fined over £2m for losing just under £24m of his client’s money in high risk unregulated investments. The FCA’s actions relate to activities prior to Reynolds becoming notorious for … Continue reading

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Concerns over the money invested though Active Wealth (UK) Ltd

This blog is about the investment solutions recommended by Active Wealth (UK) Ltd to members of the British Steel Pension Scheme (BSPS). Corporate structures The role of Vega Algorithms Custody and fund governance of 5Alpha 5Alpha fees It was written … Continue reading

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Steelworkers are “front and centre of my mind”

    Over the course of the last 24 hours there have been a number of positive developments for BSPS members. The deadline for decisions taken in “time to choose” has been taken back to 22nd December for all members … Continue reading

Posted in BSPS, pensions | Tagged , , , , , , , , , | 10 Comments