Pension negligence lands boss with seven-year ban

James Phillips
clock • 2 min read

An insurance company director has been banned from company directorships after failing to keep adequate records and provide scheme members with up-to-date information.

The Insolvency Service handed the seven-year sanction to Cheshire-based Ivor John Jenkins following a multi-year investigation which also saw his company, Optimum Financial Solutions, wound up last...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

Will pension firms become subject to a robot tax?

Will pension firms become subject to a robot tax?

Matthew Giles looks at how taxing the ‘labour’ performed by AI would impact pensions

Matthew Giles
clock 18 June 2026 • 3 min read
Pitfalls with privilege – Ensuring trustees don't stumble at the final hurdle

Pitfalls with privilege – Ensuring trustees don't stumble at the final hurdle

Chris Edwards-Earl looks at issues around privilege in Virgin Media solutions

Chris Edwards-Earl
clock 17 June 2026 • 3 min read
Government to review FAA rules following Stagecoach deal with Aberdeen

Government to review FAA rules following Stagecoach deal with Aberdeen

Minister says transaction complied with rules in a way not anticipated when they were set

Jonathan Stapleton
clock 16 June 2026 • 3 min read
Trustpilot