Intelligent Money Ltd
Were you advised by Intelligent Money Ltd?
Finding out that money you set aside for the future has not done what you were told it would is unsettling, and wanting to understand why is a reasonable place to start. This page sets out what the public record shows about Intelligent Money Ltd, including the decisions the Financial Ombudsman has published about the firm, so you can see the position for yourself.
Financial Ombudsman decisions involving this firm
The Financial Ombudsman Service publishes its final decisions. Intelligent Money Ltd appears in 4 published decisions on record, and the ombudsman upheld the complaint in every one.
Each decision below links to the ombudsman’s own published document. The consumer’s name is anonymised by the ombudsman, the business is not.
| Date | Reference | Type of complaint | Outcome | Decision |
|---|---|---|---|---|
| 15 May 2024 | DRN-4799752 | Pensions and Annuities | Upheld | Read the decision |
| 23 May 2024 | DRN-4814162 | Pensions and Annuities | Upheld | Read the decision |
| 3 March 2023 | DRN-3773628 | Pensions and Annuities | Upheld | Read the decision |
| 9 May 2024 | DRN-4789937 | Pensions and Annuities | Upheld | Read the decision |
Source: Financial Ombudsman Service published decisions. An upheld decision means the ombudsman agreed with the consumer in that individual case. It does not by itself mean any other complaint will succeed.
How to claim
Companies House records show that Intelligent Money Ltd is in liquidation. The company still exists on the register, which matters, because it means a claim can still be directed at the firm and at the professional indemnity insurance it held when the advice was given. In practice a firm in liquidation is rarely able to meet a claim from its own funds, so the insurance and the Financial Services Compensation Scheme are what count. The FSCS has already declared this firm in default, which means it is accepting claims against it.
The practical difficulty is evidence. Once a firm stops trading its records become hard to reach, and proving what you were advised to do, and why it was unsuitable, is rarely straightforward on your own. Gathering that evidence is a large part of what we do.
Company background (public record)
The company was incorporated at Companies House on 19 March 2002 under company number 04398291. Its status at Companies House is recorded as liquidation.
Registered office: C/O Interpath Advisory, 10 Fleet Place, London, EC4M 7RB.
Previously named: PENSIONWISE LIMITED.
Nature of business (SIC): 82990, 96090.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 19 Mar 2002 | Company incorporated | Companies House |
| 19 Mar 2002 | Julian Jeffrey Penniston-hill appointed director | Companies House |
| 19 Mar 2002 | Anup Kumar Sharma appointed secretary | Companies House |
| 19 Mar 2002 | Qa Registrars Limited appointed corporate-nominee-secretary | Companies House |
| 19 Mar 2002 | Qa Registrars Limited resigned as corporate-nominee-secretary | Companies House |
| 19 Mar 2002 | John Sanders Owen appointed director | Companies House |
| 19 Mar 2002 | Qa Nominees Limited appointed corporate-nominee-director | Companies House |
| 19 Mar 2002 | Qa Nominees Limited resigned as corporate-nominee-director | Companies House |
| 06 Aug 2003 | FCA status recorded as: Authorised | FCA Register |
| 06 Aug 2003 | Julian Penniston-Hill approved by the FCA at the firm | FCA Register |
| 02 Dec 2003 | Roland Spencer Norman Malkin appointed secretary | Companies House |
| 02 Dec 2003 | Anup Kumar Sharma resigned as secretary | Companies House |
| 09 Dec 2019 | Charles Okhuevbie approved by the FCA at the firm | FCA Register |
| 09 Dec 2019 | Sam Coult approved by the FCA at the firm | FCA Register |
| 09 Dec 2019 | Michelle Donze approved by the FCA at the firm | FCA Register |
| 09 Dec 2019 | Roland Malkin approved by the FCA at the firm | FCA Register |
| 09 Dec 2019 | Alex White approved by the FCA at the firm | FCA Register |
| 19 Mar 2020 | Marcus Colin Waldram resigned as director | Companies House |
| 19 Mar 2021 | Alexander White appointed director | Companies House |
| 02 Aug 2022 | Alexander White resigned as director | Companies House |
| 12 Aug 2022 | Nicholas Howard Burrows appointed director | Companies House |
| 01 Sep 2023 | Ian David Stewart resigned as director | Companies House |
| 27 Nov 2023 | Nicholas Howard Burrows resigned as director | Companies House |
| 28 May 2024 | Company entered administration (in administration) | Companies House |
| 31 Oct 2024 | Company administration ended (in administration) | Companies House |
| 31 Oct 2024 | Company wound up (creditors’ voluntary liquidation) | Companies House |
| 31 Oct 2024 | Insolvency practitioner appointed: Richard Heis | Companies House |
| 31 Oct 2024 | Insolvency practitioner appointed: Kristina Kicks | Companies House |
Focused on the firm’s early history and the events leading up to and following its failure. 23 routine entries from its active years are omitted.
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Chris Sutton. Listed on the FCA Register as having held SMF9 Chair of the Governing Body (from 23/07/2020), SMF3 Executive Director (from 09/12/2019), CF1 Director (08/09/2009 to 08/12/2019), [FCA CF] Material risk taker (09/12/2019 to 13/02/2023) at the firm.
- Marcus Colin Waldram. Listed on the FCA Register as having held CF1 Director (23/02/2009 to 08/12/2019), SMF3 Executive Director (09/12/2019 to 19/03/2020) at the firm.
- Julian Penniston-Hill. Listed on the FCA Register as having held CF1 Director (AR) (19/09/2007 to 01/06/2009), CF3 Chief Executive (06/08/2003 to 08/12/2019), CF1 Director (06/08/2003 to 08/12/2019), Responsible for Insurance Mediation (14/01/2005 to 10/07/2013) at the firm.
- Chris Sutton. Listed on the FCA Register as having held SMF9 Chair of the Governing Body (from 23/07/2020), SMF3 Executive Director (from 09/12/2019), CF1 Director (08/09/2009 to 08/12/2019), [FCA CF] Material risk taker (09/12/2019 to 13/02/2023) at the firm.
- Ian Stewart. Listed on the FCA Register as having held SMF3 Executive Director (09/12/2019 to 04/09/2023), CF11 Money Laundering Reporting (01/11/2015 to 08/12/2019), CF10a CASS Oversight function (18/07/2016 to 08/12/2019), CF10 Compliance Oversight (01/11/2015 to 08/12/2019) at the firm.
- Jeff Penniston. Listed on the FCA Register as having held CF1 Director (23/01/2009 to 08/12/2019), [FCA CF] Material risk taker (09/12/2019 to 13/02/2023), SMF3 Executive Director (09/12/2019 to 28/05/2024) at the firm.
- Darrell Roughton. Listed on the FCA Register as having held [FCA CF] Material risk taker (09/12/2019 to 13/02/2023) at the firm.
- James Shea. Listed on the FCA Register as having held [FCA CF] Material risk taker (09/12/2019 to 13/02/2023) at the firm.
- Pavan Varma. Listed on the FCA Register as having held [FCA CF] Material risk taker (09/12/2019 to 13/02/2023) at the firm.
- Nik Burrows. Listed on the FCA Register as having held [FCA CF] Material risk taker (09/12/2019 to 13/02/2023), SMF3 Executive Director (12/08/2022 to 29/02/2024) at the firm.
How can we help?
We take the weight of the claim off your shoulders. We start with a free, no obligation chat, give you an honest early view of whether you have a case, and if you decide to go ahead we work on a no win, no fee basis. We deal with the paperwork and put your claim to the FSCS, so you can get on with your life while we work to recover what you are owed.
How does it work?
It starts with a conversation. We listen to what happened, check who was responsible at the time and look at your paperwork, then explain your options in plain English. If there are grounds, we build the claim and keep you updated at every stage. If we do not think you have a claim, or it is not successful, you do not pay us a penny.
Seek claim advice today
Claims like these can be time sensitive, so it is worth getting an expert view early. Call 0800 041 8359 or make an enquiry and one of our team will come back to you.
NB: the information on this page is drawn from public records held by the FCA Register, Companies House and the Financial Ombudsman Service. It is provided for general information, is factual and neutral, and makes no allegation against any named individual or firm. It is not advice, and no outcome is promised.
Review page sources: FCA Register (FRN 219473) · Companies House (04398291) · FSCS. Public records, provided for transparency.
