POINTON YORK SIPP SOLUTIONS LIMITED
It was back in 2014 when Curtis Banks purchased the self-invested personal pension (SIPP) business from Pointon York (FRN) 309975. The firm subsequently entered liquidation in 2018 and was declared in default by the Financial Services Compensation Scheme (FSCS) in June 2020.
Although Pointon York had many vanilla assets within its portfolio, some of its clients were given the advice to move their existing pension into one of their SIPPs. Clients pension funds were then put into none standard and risky investments like carbon credits, bamboo, and foreign property.
Mis-Selling Pensions
Although Henderson Carter Associates Ltd, Financial Page, and Bank House Investment Management Ltd all set up SIPPs through Pointon York’s portal, they all failed to provide their clients with pension advice that was suitable. These companies were guilty of accepting clients who had been cold called with the offer of free pension reviews. As a result, their pension were then transferred over to execution only transactions.
There has been a big increase in those types of transactions occurring recently. But don’t worry as people have been compensated for this as the independent financial advisors failed to act in a way that was in the best interest of their clients. If you are someone who had a SIPP with Pointon York and have been unsuccessful in recover your losses, then you should act now.
Know Your Options
For anyone who doesn’t know how to proceed with a compensation claim or has been told to wait and sit tight, it may be the case that you end up running out of time. However, by calling us you can quickly get clarification on whether or not you’re entitled to compensation.
It may also be the case that you’re entitled to compensation even if you’ve had some off of the Financial Services Compensation Scheme against the independent financial advisor, and the losses you experienced were in excess of £50,000.
Company background (public record)
The company was incorporated at Companies House on 18 January 2002 under company number 04356056. Its status at Companies House is recorded as dissolved.
Registered office: C/O Cba Business Solutions Limited, 126 New Walk, Leicester, LE1 7JA.
Previously named: POINTON YORK SIPP SOLUTIONS LIMITED.
Nature of business (SIC): 65300.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 18 Jan 2002 | Company incorporated | Companies House |
| 18 Jan 2002 | Geoffrey Neil Pointon appointed director | Companies House |
| 18 Jan 2002 | Diane Jane Fillery appointed secretary | Companies House |
| 18 Jan 2002 | Igp Corporate Nominees Ltd appointed corporate-nominee-secretary | Companies House |
| 18 Jan 2002 | Igp Corporate Nominees Ltd resigned as corporate-nominee-secretary | Companies House |
| 08 Oct 2002 | Christine Patricia Hallett appointed director | Companies House |
| 25 Jun 2004 | Steven John Clews appointed secretary | Companies House |
| 25 Jun 2004 | Diane Jane Fillery resigned as secretary | Companies House |
| 14 Jan 2005 | Christine Patricia Hallett approved by the FCA at the firm | FCA Register |
| 02 Apr 2014 | Kim Lorraine Hagger approved by the FCA at the firm | FCA Register |
| 21 Apr 2014 | Steven John Clews resigned as secretary | Companies House |
| 21 Apr 2014 | Steven John Clews resigned as director | Companies House |
| 14 Aug 2014 | Ian James Bell resigned as director | Companies House |
| 09 Oct 2014 | Peter Collins appointed secretary | Companies House |
| 24 Oct 2014 | David Michael Radford approved by the FCA at the firm | FCA Register |
| 31 Oct 2014 | Melanie Jane Beaver resigned as director | Companies House |
| 30 Sep 2016 | Company renamed (previously POINTON YORK SIPP SOLUTIONS LIMITED) | Companies House |
| 13 Nov 2018 | Company wound up (creditors’ voluntary liquidation) | Companies House |
| 13 Nov 2018 | Insolvency practitioner appointed: Neil Charles Money | Companies House |
| 25 Jun 2019 | FCA status recorded as: No longer authorised | FCA Register |
| 28 Jun 2019 | FSCS update: To consider claims against a failed firm, FSCS must be satisfied that customers have first exhausted any right to claim … | FSCS |
| 19 Aug 2019 | FSCS update: FSCS is still investigating the practices of Pointon York to determine if there are protected claims against the firm | FSCS |
| 18 Oct 2019 | FSCS update: We are still trying to discover if there are valid claims against Pointon York | FSCS |
| 21 Jan 2020 | FSCS update: We are still exploring other methods of collecting documents from various 3 rd parties | FSCS |
| 05 Jun 2020 | FSCS update: Our investigations have focussed on the levels of due diligence carried out by Pointon York before allowing customers to… | FSCS |
| 19 Jun 2020 | Declared in default by the FSCS | FSCS |
| 02 Oct 2020 | FSCS update: Claims made against Pointon York that relate to the firm’s due diligence have now all been moved to our claims processin… | FSCS |
| 27 Apr 2021 | Company dissolved (creditors’ voluntary liquidation) | Companies House |
Focused on the firm’s early history and the events leading up to and following its failure. 19 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.
- Geoffrey Neil Pointon. Listed on the FCA Register as having held CF1 Director (06/02/2007 to 08/12/2019), Responsible for Insurance Mediation (29/06/2015 to 30/09/2018) at the firm.
- David Michael Radford. Listed on the FCA Register as having held CF11 Money Laundering Reporting (16/12/2014 to 08/12/2019), CF10 Compliance Oversight (16/12/2014 to 08/12/2019), CF2 Non Executive Director (24/10/2014 to 16/12/2014) at the firm.
- Joanne Marie Gilroy French. Listed on the FCA Register as having held CF1 Director (14/08/2008 to 26/04/2013) at the firm.
- Christine Patricia Hallett. Listed on the FCA Register as having held Responsible for Insurance Mediation (14/01/2005 to 19/12/2008), CF8 Apportionment and Oversight (14/01/2005 to 19/12/2008), CF1 Director (14/01/2005 to 31/03/2009) at the firm.
- Nicholas James Lewis. Listed on the FCA Register as having held CF1 Director (04/11/2009 to 15/03/2011) at the firm.
- Catherine Elizabeth Christopher. Listed on the FCA Register as having held CF30 Customer (16/11/2007 to 29/10/2012) at the firm.
- Helen Victoria Deasey. Listed on the FCA Register as having held CF1 Director (02/04/2014 to 03/09/2014) at the firm.
- Steven John Clews. Listed on the FCA Register as having held Responsible for Insurance Mediation (05/01/2009 to 21/03/2014), CF11 Money Laundering Reporting (16/03/2007 to 21/03/2014), CF10 Compliance Oversight (12/10/2010 to 21/03/2014), CF1 Director (10/01/2007 to 21/03/2014) at the firm.
- Melanie Beaver. Listed on the FCA Register as having held CF1 Director (23/01/2007 to 31/10/2014) at the firm.
- Howard Barrett. Listed on the FCA Register as having held CF29 Significant management (06/07/2010 to 18/07/2011), CF1 Director (06/07/2010 to 18/07/2011) at the firm.
Review page sources: FCA Register (FRN 309975) · Companies House (04356056) · FSCS. Public records, provided for transparency.
