Phoenixing
Phoenixing financial services firms to feel the heat
UK watchdog and partners to tackle firms and individuals deliberately avoiding liabilities
Tax & Regulation | 6 Jun 16
Strabens Hall claims PI payout ends insolvency threat
International IFA firm Strabens Hall says it no longer faces “inevitable insolvency” due to £1m in claims over ill-fated investments in the collapsed Connaught Income funds after reaching an agreement with its professional indemnity insurer.