AQUA FINANCIAL SERVICES LTD.
Why can you claim for compensation or redress against Aqua Financial Services Ltd, formerly Aqua IFA Ltd?
The Financial Services Compensation Scheme has declared Aqua Financial Services Ltd, formerly Aqua IFA Ltd as failed as of 25th March 2024. Aqua Financial Services Ltd (FRN: 228652) failed due to issues related to unsuitable pension transfer advice, particularly concerning the British Steel Pension Scheme (BSPS). The firm advised some BSPS members to transfer out of their defined benefit pensions, which may not have been in their best interests. This led to financial losses for clients and subsequent claims against the firm.
The firm is no longer trading.
Background
Companies House show the Company was incorporated on 15th September 2003 and dissolved on 3rd January 2023
According to the FCA Register the company has not been authorised since 06/09/2018.
This company is associated with claims for pension transfer advice and SIPP transfer advice.
Who was involved?
The following is a list of individuals who are currently or were previously involved in regulated activities at Aqua Financial Services Ltd, formerly Aqua IFA Ltd.
Claire Lee, Philip Gammond, Petronella Dunne, Shaun Dunne, Michael Riley, Lorraine Dunne and Flora Maudsley-Barton
How can we help?
We have helped thousands of customers on a no-win no-fee basis get the compensation and justice they deserve when making claim against regulated companies like Aqua Financial Services Ltd, formerly Aqua IFA Ltd
How does it work?
The first step is a free no-obligation consultation, you can learn more about services on our making a claim page.
Once we have assessed your claim, if we believe you are due compensation then we will help you build the best possible complaint by launching a full investigation, gathering evidenced from all the relevant parties to package your claim and submit to the Financial Services Compensation Scheme. We will argue your case to ensure you receive the maximum amount of compensation available to you.
Seek Claim Advice Today
We offer an expert pension consulting service. One of our experts will be able to talk through your options and tell you what the best option for you is. If you do decide to use our services, then know that our fees are very reasonable. However, you need to act fast as there may be time-barring restrictions in place.
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.
NB: Information for this page was gathered on 16/04/2024 from the following sources, FSCS Website, FCA Register, Companies House Register and is to our knowledge accurate as of that date.
Company background (public record)
The company was incorporated at Companies House on 15 September 2003 under company number 04899261. Its status at Companies House is recorded as dissolved.
Registered office: Kingsley Hall 20 Bailey Lane, Manchester Airport, Manchester, M90 4AN, England.
Previously named: AQUA IFA LTD.
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 |
|---|---|---|
| 15 Sep 2003 | Company incorporated | Companies House |
| 15 Sep 2003 | Lorraine Margaret Dunne appointed secretary | Companies House |
| 15 Sep 2003 | Lorraine Margaret Dunne appointed director | Companies House |
| 15 Sep 2003 | Shaun Mathew Gerard Dunne appointed director | Companies House |
| 15 Sep 2003 | Philip Arthur Peter Gammond appointed director | Companies House |
| 02 Jan 2004 | Philip Arthur Peter Gammond approved by the FCA at the firm | FCA Register |
| 02 Jan 2004 | Shaun Mathew Gerard Dunne approved by the FCA at the firm | FCA Register |
| 02 Jan 2004 | Lorraine Margaret Dunne approved by the FCA at the firm | FCA Register |
| 01 Jan 2007 | Claire Lee approved by the FCA at the firm | FCA Register |
| 03 May 2007 | Philip Arthur Peter Gammond resigned as director | Companies House |
| 26 Jun 2007 | Flora Mary Maudsley-Barton approved by the FCA at the firm | FCA Register |
| 08 Aug 2011 | Michael Riley approved by the FCA at the firm | FCA Register |
| 07 Mar 2018 | Petronella Violet Anne Dunne approved by the FCA at the firm | FCA Register |
| 06 Sep 2018 | Company renamed (previously AQUA IFA LTD) | Companies House |
| 06 Sep 2018 | Adam Kenneth Stubbings appointed director | Companies House |
| 06 Sep 2018 | Lorraine Margaret Dunne resigned as secretary | Companies House |
| 06 Sep 2018 | Lorraine Margaret Dunne resigned as director | Companies House |
| 06 Sep 2018 | Shaun Mathew Gerard Dunne resigned as director | Companies House |
| 06 Sep 2018 | FCA status recorded as: No longer authorised | FCA Register |
| 03 Jan 2023 | Company dissolved | Companies House |
| 25 Mar 2024 | Declared in default by the FSCS | 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.
- Claire Lee. Listed on the FCA Register as having held CF22 Investment Adviser (Trainee) (01/01/2007 to 16/05/2007), CF30 Customer (01/11/2007 to 25/06/2018), CF24 Pension Transfer Specialist (01/01/2007 to 31/10/2007), CF21 Investment Adviser (16/05/2007 to 31/10/2007) at the firm.
- Petronella Violet Anne Dunne. Listed on the FCA Register as having held CF30 Customer (07/03/2018 to 06/09/2018) at the firm.
- Philip Arthur Peter Gammond. Listed on the FCA Register as having held CF24 Pension Transfer Specialist (02/01/2004 to 03/05/2007), CF21 Investment Adviser (02/01/2004 to 03/05/2007), CF1 Director (02/01/2004 to 03/05/2007) at the firm.
- Shaun Mathew Gerard Dunne. Listed on the FCA Register as having held Responsibility for MCD Intermediation (28/09/2016 to 06/09/2018), Responsible for Insurance Mediation (14/01/2005 to 06/09/2018), CF30 Customer (01/11/2007 to 06/09/2018), CF11 Money Laundering Reporting (09/11/2004 to 06/09/2018) at the firm.
- Michael Riley. Listed on the FCA Register as having held CF30 Customer (08/08/2011 to 04/01/2012) at the firm.
- Lorraine Margaret Dunne. Listed on the FCA Register as having held CF1 Director (02/01/2004 to 06/09/2018), CF21 Investment Adviser (02/01/2004 to 31/10/2004), CF11 Money Laundering Reporting (02/01/2004 to 31/10/2004), CF10 Compliance Oversight (02/01/2004 to 31/10/2004) at the firm.
- Flora Mary Maudsley-Barton. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 06/01/2009), CF24 Pension Transfer Specialist (26/06/2007 to 31/10/2007), CF21 Investment Adviser (26/06/2007 to 31/10/2007) at the firm.
- Adam Kenneth Stubbings. Listed at Companies House as director (appointed 2018-09-06).
Review page sources: FCA Register (FRN 228652) · Companies House (04899261) · FSCS. Public records, provided for transparency.
