British Steel unregulated introducer buys Swansea pub

Earned some £50,000 from steelworkers

Hannah Godfrey
clock • 2 min read

The owner of the unregulated introducer firm that helped to transfer a number of British Steelworkers from their defined benefit (DB) pension schemes has bought a pub in Swansea.

Clive Howells, who is director at Celtic Wealth Management, which came under fire alongside Active Wealth UK for the role it played in poor advice given to British Steel workers, has bought The Bird in Hand pub in Swansea. According to Llanelli Online, a Welsh news website, the pub closed its doors to the public on 22 November 2018. It had been taken over by pub conglomerate Milton Pubs & Taverns in 2017, which later decided to close the establishment when it ran into financial difficulties. According to Companies House, Howells became director at The Bird in Hand on 17 July 2019. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

News editor's view: Disconnects, deals and debates

News editor's view: Disconnects, deals and debates

The news editor's Friday Night Takeaway from 22 November

Sahar Nazir
clock 25 November 2024 • 2 min read
PA Asks: Is the FCA's pensions targeted support consultation a good move?

PA Asks: Is the FCA's pensions targeted support consultation a good move?

This week’s poll also looks at FOS/FCA modernisation and the Mansion House speech

Professional Adviser
clock 25 November 2024 • 1 min read
FCA: Most firms unable to meet bereavement claims performance levels

FCA: Most firms unable to meet bereavement claims performance levels

Call for improved bereavement handling times

Cameron Roberts
clock 22 November 2024 • 3 min read