Liberty Sipp Limited (06365953): administration
- Status
- In administration
- Administration began
- 2020-04-27
- Administrators
- Andrew Poxon, Alex David Cadwallader
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2007-09-10
- Location
- Manchester
- Industry
- 66110 Administration of financial markets
Why it went into administration
- Regulatory change or action
- Creditor pressure / legal action
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated on 10 September 2007 and commenced to trade shortly after. The directors at incorporation were lan Currie and John Fox. The Company's principal activity was to act as a self-invested personal pension ("SIPP") provider. The Company was regulated by the Financial Services Authority ("FSA") up to 2009 and latterly the Financial Conduct Authority ("FCA’).
The Company latterly traded from Leasehold premises at The Exchange, Bank Street, Bury Lancashire, BL9 ODN.
Upon receipt of FSA/FCA consent the Company operated as a full Self Invested Personal Pension (“SIPP") provider. Like other SIPP providers, the Company allowed clients access to investments in accordance with HM Revenue & Customs ("HMRC") parameters with the clear understanding that the Company did not give financial advice. From 2008, the Company and its advisors ensured that it adhered to best practice as extolled by the FCA in their thematic reviews.
Administrators' statement of proposals (2020-06-29) · Companies House register