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2005 archive

Warning – Fabien Risk Services

21/11/2005

Fabien Risk Services ("FRS") has been put into Creditors' Voluntary Liquidation.

Exeter Fund Managers

10/05/2005

Exeter Fund Managers (EFM) went into administration on 4th March 2005 because it was likely to become insolvent as a result of civil claims relating to marketing material it issued in relation to investments in split capital trusts.

Warning – Whiteley Insurance

14/07/2005

On 15 June the High Court ordered the winding up of Whiteley Insurance Consultants on public interest grounds.

Phoenix firms

10/06/2005

In the legend the phoenix was a bird which died in fire, and from this fire a new phoenix rose from the ashes. In the same way we talk about a phoenix firm when one firm arises from the 'ashes' of another.

Warning – KF Concept

18/02/2005

FSA continuing to assist Mr Foster’s Trustee–in–Bankruptcy and the Serious Fraud Office.