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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Pensions provider Gaudi bought out of administration

Quantuma FCA Wiltshire Financial Ombudsman Service

Pensions provider Gaudi has been sold out of administration.

Self-Invested Personal Pension (SIPP) operator Gaudi, which is based in Wiltshire and has 13,500 customers, has been acquired by Platform One. The investment tech firm has also taken on Gaudi’s assets and the more than 20,000 SIPPs it previously managed.

In a statement published on Wednesday (April 26) the Financial Conduct Authority (FCA) said Gaudi was subject to “several upheld final decisions” from the Financial Ombudsman Service, regarding some of investments it allowed within its SIPPs.

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