1 STOP FINANCIAL SERVICES
1 Stop Financial Services ceased trading amidst mis-selling allegations and the company was de-authorised by the FCA in 2014.
Fast Pensions Ltd and five other related companies were wound up at the High Court on 30 May 2018.
In July 2018 Dalriada Trustees Ltd was formally appointed by the Pensions Regulator to act as an independent trustee to 15 pension schemes linked to Fast Pensions Ltd.The FSCS understands that several consumers received advice from both FCA authorised and unauthorised financial advisers to transfer their existing pension arrangements into one of 15 schemes linked to Fast Pensions.
Some consumers received cold calls offering free pension reviews, while others were told that they could get a loan if they transferred their pension savings to one of the Fast Pensions’ schemes.
If you received advice from 1 Stop Financial Services or Fast Pensions and lost money you could be entitled to compensation.
Call us now for a phone or video consultation with one of our legal experts on 0800 041 8358 to find out if you are entitled to compensation, you may even be entitled to additional compensation if you have successfully claimed in the past.
Company background (public record)
The company was incorporated at Companies House on 13 April 2011 under company number 07602953. Its status at Companies House is recorded as dissolved.
Registered office: 9 Cheltenham Close, Aintree Village, Liverpool, L10 8LX, United Kingdom.
Nature of business (SIC): 66220.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 11 Nov 2004 | Andrew Charles Rees approved by the FCA at the firm | FCA Register |
| 11 Nov 2004 | Timothy Adrian Hughes approved by the FCA at the firm | FCA Register |
| 05 May 2005 | Michael James Mathias approved by the FCA at the firm | FCA Register |
| 26 Jan 2006 | Gavin Beric Lloyd approved by the FCA at the firm | FCA Register |
| 01 Feb 2011 | Lee Andrew Rees approved by the FCA at the firm | FCA Register |
| 13 Apr 2011 | Company incorporated | Companies House |
| 13 Apr 2011 | Christopher James Lunt appointed director | Companies House |
| 07 Jul 2011 | Philip Llewellyn Jones approved by the FCA at the firm | FCA Register |
| 15 Dec 2011 | John Patrick Rudd approved by the FCA at the firm | FCA Register |
| 17 Apr 2014 | FCA status recorded as: No longer authorised | FCA Register |
| 17 Jun 2014 | Company dissolved | Companies House |
| 14 Jul 2014 | Declared in default by the FSCS | FSCS |
| 25 Jun 2019 | FSCS update: FSCS is accepting claims against failed FCA authorised financial advisers, including 1 Stop Financial Services , who gav… | FSCS |
| 19 Aug 2019 | FSCS update: To consider claims against a failed firm, FSCS must be satisfied that customers have first exhausted any right to claim … | FSCS |
| 29 Oct 2019 | FSCS update: FSCS is still trying to discover if there are valid claims involving Fast Pensions Ltd and associated regulated IFAs | FSCS |
| 07 Jan 2020 | FSCS update: FSCS is suspending its investigation into Fast Pensions Ltd | FSCS |
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.
- John Patrick Rudd. Listed on the FCA Register as having held CF30 Customer (15/12/2011 to 17/04/2014) at the firm.
- Gavin Beric Lloyd. Listed on the FCA Register as having held CF21 Investment Adviser (26/01/2006 to 03/10/2007) at the firm.
- Philip Llewellyn Jones. Listed on the FCA Register as having held CF30 Customer (07/07/2011 to 17/04/2014) at the firm.
- Michael James Mathias. Listed on the FCA Register as having held CF21 Investment Adviser (05/01/2007 to 03/10/2007), CF22 Investment Adviser (Trainee) (05/05/2005 to 05/01/2007) at the firm.
- Andrew Charles Rees. Listed on the FCA Register as having held CF22 Investment Adviser (Trainee) (11/11/2004 to 05/01/2007), CF30 Customer (01/11/2007 to 17/04/2014), CF4 Partner (11/11/2004 to 17/04/2014), CF21 Investment Adviser (05/01/2007 to 31/10/2007) at the firm.
- Lee Andrew Rees. Listed on the FCA Register as having held CF30 Customer (01/02/2011 to 17/04/2014) at the firm.
- Timothy Adrian Hughes. Listed on the FCA Register as having held Responsible for Insurance Mediation (14/01/2005 to 17/04/2014), CF30 Customer (01/11/2007 to 17/04/2014), CF11 Money Laundering Reporting (11/11/2004 to 17/04/2014), CF10 Compliance Oversight (11/11/2004 to 17/04/2014) at the firm.
- Christopher James Lunt. Listed at Companies House as Active | director (appointed 2011-04-13).
Review page sources: FCA Register (FRN 407894) · Companies House (07602953) · FSCS. Public records, provided for transparency.
