FSCS confirms administrators appointed at TenetConnect Services Ltd

FSCS confirms administrators appointed at TenetConnect Services Ltd

On 5 June 2024 the directors appointed Ed Boyle, Howard Smith and Rob Spence of Interpath Ltd as Joint Administrators of Tenet Group Ltd. Ed Boyle and Rob Spence were also appointed as Joint Administrators of its subsidiary companies Tenet Ltd, TenetConnect Ltd and TenetConnect Services Ltd.

Tenet Mortgage Services Ltd and Tenet Financial Services Ltd have stopped trading but have not entered into administration.

TenetConnect Services Ltd was directly authorised by the FCA and was a principal firm to a number of appointed representatives.

The UK Financial Services Compensation Scheme (FSCS) is aware that a number of customers were due to be contacted as part of a past business review into defined benefit pension transfer advice. This advice was given to these customers by appointed representatives who were under the regulatory responsibility…
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