Two suspended by Fimbra

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The Independent Online
TWO FIRMS of investment advisers have been suspended by Fimbra for their conduct in arranging group pension schemes.

They are Central Financial Services, of 6-12 Rosehill, Sutton, Surrey, and Richard Blencowe (Life & Pensions) Consultancy, of Lattenbells, 55 Dyke Road Avenue, Hove, East Sussex.

The firms are said to have exaggerated 'both the number of members of the schemes and the contributions made by the members of the schemes with the aim of securing commission to which . . . (they were) not entitled.'

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