Plan65 Limited
The regulated company that was Plan65 Limited (FRN) 573597 provided their client with pension advice. The company was also known as Davidson Rae Financial Management, Plan65 Limited Trading, and DK Consulting Limited.
After investigating, the Financial Ombudsman Service (FOS) came to the decision that the company had been providing its clients with advice relating to pension transfers that was not suitable. Clients were often introduced to Plan65 Limited through another company giving financial advice.
The company had been giving advice to its clients regarding purchasing properties overseas using their pension fund. However, Plan65 Limited states it only gave advice relating to the transfer of pension funds to self-invested personal pensions (SIPPs) and do not give advice pertaining to investing in properties overseas. The regulatory rules though are very strict and the FOS found that the advice the company was given wasn’t suitable.
Your Pension Transfer Claim
Anyone who has experienced something similar may be entitled to make a claim for compensation – even if they have been told that their case is time barred. Time barring only applies in those cases where a complaint was made more than six years after the sale and three years from the point where you should have become aware that there was a problem.
We are experts at dealing with cases like this which is why you should talk to one of our team of advisers. For no charge at all they can provide advice and guidance on how best to proceeding with your claim.
Company background (public record)
The company was incorporated at Companies House on 16 June 2011 under company number 07672714. Its status at Companies House is recorded as dissolved.
Registered office: James Cowper Kreston 8th Floor South, Reading Bridge House, George Street, Reading, RG1 8LS, England.
Previously named: PLAN65 LTD.
Nature of business (SIC): 64999.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 16 Jun 2011 | Company incorporated | Companies House |
| 16 Jun 2011 | Douglas Ross Rae appointed director | Companies House |
| 02 Jul 2012 | Douglas Ross Rae approved by the FCA at the firm | FCA Register |
| 11 Jul 2012 | Keith Philip Turner approved by the FCA at the firm | FCA Register |
| 06 Sep 2012 | Keith Philip Turner appointed director | Companies House |
| 17 Sep 2012 | Jeremy Sinclair Askew approved by the FCA at the firm | FCA Register |
| 27 Feb 2013 | Ian Alistair Watson approved by the FCA at the firm | FCA Register |
| 19 Jun 2013 | Nigel Graham Nicholson approved by the FCA at the firm | FCA Register |
| 28 Nov 2014 | Richard Wilson approved by the FCA at the firm | FCA Register |
| 04 Apr 2018 | Keith Philip Turner resigned as director | Companies House |
| 05 Apr 2018 | Keith Philip Turner appointed director | Companies House |
| 23 Apr 2018 | FCA status recorded as: No longer authorised | FCA Register |
| 09 Mar 2019 | Company renamed (previously PLAN65 LTD) | Companies House |
| 16 Mar 2021 | Company dissolved | Companies House |
| 25 Mar 2021 | 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.
- Jeremy Sinclair Askew. Listed on the FCA Register as having held CF30 Customer (17/09/2012 to 24/03/2015) at the firm.
- Richard Wilson. Listed on the FCA Register as having held CF30 Customer (28/11/2014 to 08/03/2017) at the firm.
- Ian Alistair Watson. Listed on the FCA Register as having held CF30 Customer (27/02/2013 to 23/12/2013) at the firm.
- Nigel Graham Nicholson. Listed on the FCA Register as having held CF30 Customer (19/06/2013 to 06/08/2013) at the firm.
- Keith Philip Turner. Listed on the FCA Register as having held CF30 Customer (11/07/2012 to 23/04/2018), CF11 Money Laundering Reporting (20/09/2012 to 23/04/2018), CF10 Compliance Oversight (20/09/2012 to 23/04/2018), CF1 Director (20/09/2012 to 23/04/2018) at the firm.
- Douglas Ross Rae. Listed on the FCA Register as having held Responsible for Insurance Mediation (02/07/2012 to 23/04/2018), CF30 Customer (02/07/2012 to 23/04/2018), CF1 Director (02/07/2012 to 23/04/2018), CF11 Money Laundering Reporting (02/07/2012 to 25/09/2012) at the firm.
Review page sources: FCA Register (FRN 573597) · Companies House (07672714) · FSCS. Public records, provided for transparency.
