Financial adviser HDH Investment Services Limited (HDH) has entered Creditors’ Voluntary Liquidation three months after the FCA intervened over concerns the company may have given unsuitable advice to some clients potentially resulting in financial loss.
Dina Devalia and Tom Parish of Quantuma Advisory Limited were appointed as joint liquidators on 16 April.
On 20 January, HDH agreed to stop carrying out any regulated activity because the FCA was concerned that HDH may have given unsuitable financial advice to some investment and pension customers, potentially leading to financial loss.
HDH Investment Services Limited (HDH) (FRN: 733137) advised on and arranged deals in investments and pensions and was authorised from 2016.
HDH remains…