Reasons for Default and Client Compensation Claims
Executive Benefit Consultancy Ltd has been the subject of claims alleging unsuitable financial advice and financial mis-selling, particularly concerning pension transfers and high-risk investment products. Many former clients say they were advised to move their pensions into unsuitable schemes, resulting in significant losses.
With the firm now in liquidation and declared in default, the FSCS is reviewing claims and offering redress to eligible individuals who suffered financial harm.
Trading Styles
Executive Benefit Consultancy Ltd operated under its own name. There are no publicly listed additional trading styles.
| Trading Name | Date Range |
|---|---|
| Executive Benefit Consultancy Ltd | Principal name |
Why can you claim for compensation or redress against Executive Benefit Consultancy Ltd?
The company is in default with the FSCS and has ceased trading. If you received poor financial advice from this firm, especially advice that led to transferring pensions into unsuitable products, you may be eligible to claim compensation through the FSCS.
Background
- Companies House Incorporation Date: 4 June 2012
- FCA Authorisation Date: 2 October 2012
- FCA Firm Reference Number: 591780
- Status: Ceased trading and declared in default
- Main complaints: Mis-sold pensions and unsuitable investment advice
Who was involved?
According to the FCA Register, individuals associated with regulated activities at Executive Benefit Consultancy Ltd include:
- Daniel Paul Conway
Additional individuals may have been involved over the firm’s trading period.
Appointed Representatives and Agents
There are no publicly listed appointed representatives connected to this firm. If your advice came from someone affiliated with Executive Benefit Consultancy Ltd, we can investigate whether it was covered under their regulatory permissions.
How can we help?
We have a proven track record of helping clients recover compensation through the FSCS — especially in cases involving pension transfers and mis-sold investments. With our No Win No Fee service, there’s no financial risk to you.
How does it work?
It starts with a free, no-obligation consultation. If we believe you have a valid claim, we’ll conduct a full investigation, collect all necessary evidence, and submit a detailed complaint to the FSCS on your behalf. Our aim is to maximise the compensation available to you.
Seek Claim Advice Today
Act now — time limits may apply. You could still be entitled to compensation even if you’ve claimed before.
Call 0800 041 8358 to speak to a claims specialist via phone or video consultation.
NB: Information for this page was gathered on 07/05/2025 from the FSCS, FCA Register, and Companies House, and is accurate to the best of our knowledge as of that date.
Company background (public record)
The company was incorporated at Companies House on 29 December 1998 under company number SC192244. Its status at Companies House is recorded as dissolved.
Registered office: Ebc House, 26 Blythswood Square, Glasgow, G2 4BG.
Previously named: EXECUTIVE BENEFIT SERVICES LTD.; WH INDEPENDENT FINANCIAL ADVISERS LTD..
Nature of business (SIC): 66190.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 29 Dec 1998 | Company incorporated | Companies House |
| 29 Dec 1998 | Paul Anthony Hetherington appointed director | Companies House |
| 29 Dec 1998 | First Scottish Secretaries Limited appointed corporate-nominee-secretary | Companies House |
| 29 Dec 1998 | First Scottish International Services Limited appointed corporate-nominee-director | Companies House |
| 29 Dec 1998 | First Scottish International Services Limited resigned as corporate-nominee-director | Companies House |
| 16 Dec 1999 | Carolanne Walker appointed secretary | Companies House |
| 16 Dec 1999 | First Scottish Secretaries Limited resigned as corporate-nominee-secretary | Companies House |
| 14 May 2002 | Paul Anthony Hetherington approved by the FCA at the firm | FCA Register |
| 21 May 2002 | Company renamed (previously WH INDEPENDENT FINANCIAL ADVISERS LTD.) | Companies House |
| 23 May 2002 | Linda Condie Johnson approved by the FCA at the firm | FCA Register |
| 12 Jun 2002 | David Johnstone Cassidy approved by the FCA at the firm | FCA Register |
| 12 Jun 2002 | Robert Ian Matheson McLaren approved by the FCA at the firm | FCA Register |
| 14 Jun 2002 | Charles McCann approved by the FCA at the firm | FCA Register |
| 13 Feb 2007 | Gavin Cameron Mcluskey appointed director | Companies House |
| 27 Mar 2007 | Gavin Cameron McLuskey approved by the FCA at the firm | FCA Register |
| 28 Apr 2008 | Robert Williamson Kerr McGarrie approved by the FCA at the firm | FCA Register |
| 20 Jun 2008 | Derek Pollard approved by the FCA at the firm | FCA Register |
| 23 Mar 2010 | Scott Russell appointed secretary | Companies House |
| 23 Mar 2010 | Carolanne Walker resigned as secretary | Companies House |
| 01 Jun 2013 | Scott Cameron Russell appointed director | Companies House |
| 30 Dec 2014 | RMG (Pensions) Limited appointed as appointed representative | FCA Register |
| 25 Aug 2015 | Carol Anne Mitchell approved by the FCA at the firm | FCA Register |
| 10 Nov 2015 | RMG (Pensions) Limited ceased as appointed representative | FCA Register |
| 01 Jul 2019 | Robert Williamson Kerr Mcgarrie appointed director | Companies House |
| 10 Jul 2019 | Jonathan Buchanan approved by the FCA at the firm | FCA Register |
| 25 Oct 2021 | FCA status recorded as: No longer authorised | FCA Register |
| 13 Jun 2023 | Company dissolved | Companies House |
| 07 Apr 2025 | Declared in default by the FSCS | FSCS |
Focused on the firm’s early history and the events leading up to and following its failure. 12 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.
- James McLaughlin. Listed on the FCA Register as having held CF1 Director (25/05/2004 to 01/01/2006), CF30 Customer (01/11/2007 to 01/04/2008), CF22 Investment Adviser (Trainee) (24/03/2003 to 25/11/2003), CF21 Investment Adviser (25/11/2003 to 31/10/2007) at the firm.
- Derek Pollard. Listed on the FCA Register as having held CF30 Customer (20/06/2008 to 30/09/2008) at the firm.
- Marvyn Wilson. Listed on the FCA Register as having held CF22 Investment Adviser (Trainee) (23/04/2004 to 29/07/2005) at the firm.
- Linda Condie Johnson. Listed on the FCA Register as having held CF22 Investment Adviser (Trainee) (23/05/2002 to 31/05/2002) at the firm.
- Scott Cameron Russell. Listed on the FCA Register as having held CPD21 – Advising or arranging equity release transactions (from), CPD20 – Advising or arranging regulated mortgage contracts (from), CPD19 – Administrative stakeholder pension scheme functions (from), CPD18 – Administrative life policies functions (from) at the firm.
- Gavin Cameron McLuskey. Listed on the FCA Register as having held CPD11 – Pension transfer specialist (from), CPD8 – Personal recommendation on investments in corporate finance business (from), CPD4 – Personal recommendation on retail investments (not broker funds) (from), CF30 Customer (01/11/2007 to 08/12/2019) at the firm.
- Jonathan Buchanan. Listed on the FCA Register as having held CF30 Customer (10/07/2019 to 08/12/2019) at the firm.
- Robert Williamson Kerr McGarrie. Listed on the FCA Register as having held CPD11 – Pension transfer specialist (from), CPD8 – Personal recommendation on investments in corporate finance business (from), CPD4 – Personal recommendation on retail investments (not broker funds) (from), CF30 Customer (20/01/2015 to 08/12/2019) at the firm.
- Paul Anthony Hetherington. Listed on the FCA Register as having held CPD8 – Personal recommendation on investments in corporate finance business (from), CPD4 – Personal recommendation on retail investments (not broker funds) (from), CF8 Apportionment and Oversight (14/05/2002 to 01/04/2008), CF1 Director (AR) (12/12/2002 to 03/11/2006) at the firm.
- Carol Anne Mitchell. Listed on the FCA Register as having held CF30 Customer (25/08/2015 to 31/05/2019) at the firm.
Appointed Representatives and Agents
While it was authorised, the firm acted as principal for the following appointed representatives. An appointed representative carries on regulated business under the responsibility of its principal, so their conduct can be relevant to a claim.
| Appointed representative | Reference | Effective from | Ended |
|---|---|---|---|
| Greenwood IFA Ltd | FRN 219748 | 14/10/2002 | 03/11/2006 |
| RMG (Pensions) Limited | FRN 663074 | 30/12/2014 | 10/11/2015 |
Review page sources: FCA Register (FRN 207482) · Companies House (SC192244) · FSCS. Public records, provided for transparency.
