Article details
UK financial planning provider InterestMe Financial Planning Limited (IMFP) and its appointed representative InterestMe Advisers Limited (IMA) have officially entered administration as of September 2026. Robert Goodhew and Geoff Bouchier from Kroll Advisory Limited have been named joint administrators to manage the firms' affairs. Prior to this, IMFP had agreed to FCA voluntary requirements in July 2026, which restricted its regulated business activities including pension and mortgage advice.
The placing of financial advisory firms into insolvency highlights ongoing regulatory scrutiny and operational risks within the UK wealth management sector. While this event is specific to IMFP and IMA, it underscores the systemic importance of regulatory compliance and capital adequacy for consumer-facing financial intermediaries.
Moving forward, the joint administrators will assess the companies' balance sheets, process consumer claims, and determine the distribution of assets. Clients and investors are advised to monitor official updates, submit potential claims to the Financial Services Compensation Scheme (FSCS), and remain vigilant against secondary fraud attempts impersonating administrators.
