Blankstone Sington Limited - Special Administration

Blankstone Sington Limited, a Liverpool-based wealth management firm, was placed in special administration on 13 October, almost two years after the FCA initially prohibited the firm accepting any new client money or disposing of its assets. Andrew Poxon, Alex Cadwallader and Hilary Pascoe of Leonard Curtis were appointed joint special administrators. They have secured all client assets and safeguarded the company’s systems, and are working towards returning client money by way of a transfer to a single broker as soon as reasonably possible. The joint special administrators are advised by Drew Sainsbury and Richard Bulmore of Ashurst and Will Jones and Elizabeth Wood of Hill Dickinson. The International Stock Exchange of the United Kingdom and the Republic of Ireland Limited has a registered charge against the company.