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FCA confirms Donre Advisory Limited’s entry into liquidation

The UK Financial Conduct Authority (FCA) today confirmed Donre Advisory Limited’s entry into liquidation.

On 11 July 2024, the directors of Donre Advisory Limited appointed Sean Bucknall and Andrew Hosking of Quantuma Advisory Limited as joint liquidators.

Donre Advisory (firm reference number (FRN) 513993) has entered creditors’ voluntary liquidation (CVL). It was previously known as Basi & Basi Financial Planning Limited.

The firm advised on and arranged deals in investments, including defined benefit pension transfers. It is the parent and controller of three subsidiaries:

  • PSG SIPP Limited (PSG) (FRN 514654) a UK authorised self-invested personal pensions (SIPP) operator
  • Relay Administration Ltd, a pension scheme administrator…
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