Active Wealth Management
Information by Research TrustFinance
Active Wealth (UK) Limited was an independent financial advisory (IFA) firm based in Stockton-on-Tees, UK. The company offered pension and investment advice to individuals. It gained significant public and regulatory attention for its role in advising a large number of British Steel workers to transfer their valuable defined benefit pensions into higher-risk, and often unsuitable, alternative investments. Following an investigation by the Financial Conduct Authority (FCA) which found serious failings in its advice process, the firm ceased trading and entered voluntary liquidation in 2018.
United States
Industry
- Wealth ManagementPRIMARY
- Other Service
Financial