# Maymont Wealth Limited (04621095)

> Why UK company 04621095 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04621095

- **Status:** Administration ended
- **Administration began:** 2022-03-14
- **Administrators' firm:** Kroll
- **Formerly:** GWM Investment Management Limited; Discover Wealth Limited; Discover Independent Financial Planning Limited; Discovery Lifestyle Mortgages Ltd; Guardian Lifestyle Mortgages Limited; Keystone Independent Limited; Guardian Wealth Management Limited
- **Incorporated:** 2002-12-18
- **Location:** London
- **Industry:** 64999 Financial intermediation not elsewhere classified

## Why it went into administration

- Regulatory change or action

## From the administrators' statement

• The Company historically traded profitably, generating sufficient revenue to meet its ongoing costs.

• Between June 2017 and 2021 the FCA conducted a supervisory review of historical advice provided by the Company to clients regarding the transfer of their defined benefit pension entitlements into other investments. The review included six files, out of a total population of 222 files involving similar advice.

e = =In March 2021, the FCA concluded that for each of the six files reviewed, the Company had failed to provide compliant and suitable defined benefit pension transfer advice.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04621095/filing-history/MzMzODc0MzE1MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04621095

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.