Name: Thomas Henry WARD

Name: Financial Page Ltd ›

Date of Birth: 18 / 10 / 1961

Date Order Starts: 21 / 10 / 2022

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 07782075

Last Known Address: 208 Maybank Road,, , , , LONDON,, E18 1ET

Conduct: Between approximately June 2014 and July 2015 Thomas Henry Ward (“Mr Ward”), acting without the required authorisation from the regulator, failed to ensure that Financial Page Ltd (“FPL”) properly advised its clients on the transfer of their existing pensions into Self-Invested Personal Pensions (“SIPPs”), resulting in the Financial Service Compensation Scheme (“FSCS”) paying compensation totalling at least £25,530,403 to 836 clients: FPL failed to clearly notify clients of the risk elements, full details of the captive insurance policy providing the ‘Capital Guarantee’ said to be offered by the recommended product and the timescales for early redemption. FPL failed to ensure the suitability of the product including the underlying investment for their clients. FPL disregarded the potential conflict of interest caused by the involvement of a third party in the design of the sales and advice process employed by FPL, despite this party having a clear and significant financial interest in the outcome of the advice given to FPL’s clients. Mr Ward thereby exposed FPL to the risk of disciplinary action from the regulator and financial claims from clients. 

This information is correct as at 11 / 10 / 2022

Name: Financial Page Ltd ›

Date of Birth: 27 / 12 / 1960

Date Order Starts: 21 / 10 / 2022

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 07782075

Last Known Address: C/O Alison McLachlan - Linder Myers,, Talbot House, Market Street,, , SHREWSBURY,, SY1 1LG

Conduct: Between approximately June 2014 and July 2015 Andrew Mark Thomas Page (“Mr Page”) failed to ensure that Financial Page Ltd (“FPL”) properly advised its clients on the transfer of their existing pensions into Self-Invested Personal Pensions (“SIPPs”), resulting in the Financial Service Compensation Scheme (“FSCS”) paying compensation totalling at least £25,530,403 to 836 clients: FPL failed to clearly notify clients of the risk elements, full details of the captive insurance policy providing the ‘Capital Guarantee’ said to be offered by the recommended product and the timescales for early redemption. FPL failed to ensure the suitability of the product including the underlying investment for their clients. FPL disregarded the potential conflict of interest caused by the involvement of a third party in the design of the sales and advice process employed by FPL, despite this party having a clear and significant financial interest in the outcome of the advice given to FPL’s clients. Mr Page allowed a third party, an individual without the required authority from the regulator, to act as a director of FPL. Mr Page thereby exposed FPL to the risk of disciplinary action from the regulator and financial claims from clients. 

This information is correct as at 11 / 10 / 2022

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