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European Pensions Management Ltd (EPML) formally entered into special administration regime (SAR) insolvency proceedings on 21 June 2016.
EPML has approximately 6,000 customers.
The joint special administrators are Adam Stephens, Finbarr O’Connell, Henry Shinners and Gregory Palfrey of Smith & Williamson LLP.
If EPML’s book of business is not sold, the special administrators will return as much client money to clients as possible, as quickly as possible.
If the assessment of client money results in EPML clients not having their money returned, they may have access to the Financial Services Compensation Scheme (FSCS), depending on their individual circumstances.
If EPML clients require more information about how they will be affected, they should visit the Smith & Williamson website, email epml@smith.williamson.co.uk or call 020 7131 8824.
http://www.fca.org.uk/news/european-...administration
EPML has approximately 6,000 customers.
The joint special administrators are Adam Stephens, Finbarr O’Connell, Henry Shinners and Gregory Palfrey of Smith & Williamson LLP.
If EPML’s book of business is not sold, the special administrators will return as much client money to clients as possible, as quickly as possible.
If the assessment of client money results in EPML clients not having their money returned, they may have access to the Financial Services Compensation Scheme (FSCS), depending on their individual circumstances.
If EPML clients require more information about how they will be affected, they should visit the Smith & Williamson website, email epml@smith.williamson.co.uk or call 020 7131 8824.
http://www.fca.org.uk/news/european-...administration
