Intelligent Money SIPP has today entered administration due to a multitude of claims made against it in respect of horrendously inappropriate and illiquid investments it facilitated by, amongst others, Darren Reynolds of Active Wealth (UK) Ltd (he of BSPS and Trinity Mirror infamy, amongst many others). An example would include Strand Capital, Greyfriars P6 and many others. The original and very detailed FOS adjudication makes for profound and disturbing reading and its liabilities will now be picked up by the FSCS, funded by other financial services practitioners. But worse of all, it leaves behind a trail of ruined lives and scuppered retirements, all working people who laboured long and hard. IM SIPP unsuccessfully tried to quieten me and scare me off back in 2019 when I finally lost patience and became vocal about its activities. Why it has taken this long to close this chapter is another injustice in itself but the book in general is a tale almost too unbelievable to tell. @JosephineCumbo @NJM71 fscs.org.uk/making-a-claim/f… financial-ombudsman.org.uk/d… fca.org.uk/news/news-stories…