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Friday, 16 February 2024 16:22

Father and son 'SIPP introducers' made bankrupt

The FCA has secured a bankruptcy order against father and son directors of a collapsed SIPP introducer who failed to pay back £10.7m in restitution to clients.

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A father and son duo behind a failed SIPP firm - which saw investors hand over nearly £92m - have been banned as directors after repaying themselves over £1.3m ahead of creditors.

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