Guinness Mahon Trust Corporation Limited (00224158): administration
- Status
- Administration ended
- Administration began
- 2020-02-17
- Administrators' firm
- Evelyn Partners
- Formerly
- Guinness Mahon Trustees Limited; Guinness Mahon Executor & Trustee Company Limited
- Incorporated
- 1927-09-01
- Location
- London
- Industry
- 64999 Financial intermediation not elsewhere classified
Why it went into administration
- Regulatory change or action
From the administrators' statement
The Company was incorporated in 1927 to operate specialist trusts. It was acquired by Pan Trustee Services Limited in 2002.
The Company is authorised and regulated by the FCA and primarily acted as a SIPP trustee and administrator, providing personal and occupational pension solutions to clients. The Company administered around 3,700 SIPPs. It also acted as security agent or security trustee in financing arrangements and provided professional trusteeship for FURBS that were established under the applicable pension tax regulations prior to the coming into force of the Finance Act 2006.
The wider group, through a different company, Pan Pensioneer Trustees Limited (“PPTL”) provided other pension related services including SSAS administration.
Administrators' statement of proposals (2020-04-28) · Companies House register