• Free Initial Assessment: No-Obligation Chat

Organic Investment Management DFM told to re-submit company accounts!

ORganic Investment Management DFM

The DFM’s auditor had a shareholding in the firm, as well as a pension scheme!

Organic Investment Management, which had it’s FCA permissions restricted earlier this year so it can no longer accept new money, has now been told to re-submit it’s 2016 accounts, after it was revealed that accountant Roger Bessent “had a stake” in Organic Investment Management in the forms of a shareholding, and a pension scheme.

The pension scheme has since been wound up after action by the High Court.

Organic Investment Management Restrictions

The firm’s entry on the FCA Register tells us that Organic is “unable to accept new money for managing investments”, and must “suspend accepting any new money into the Firm’s Model Portfolios”.

This means that new money can’t be given to Organic to be invested in it’s discretionary fund management portfolios, although the FCA has not said why.

More DFM problems?

This latest development, as reported in Citywire, is just the latest in a long line of problems the regulator seems to have having with several DFMs. Back in the first quarter of 2017, the FCA sent out a warning to SIPP providers warning about DFMs being used in what it described as a new type of scam, involving high-risk investments inside DFM portfolios.

As reported in Citywire, an Insolvency Service investigation into related pension schemes showed that the companies approved high-risk investments.


Spencer Churchill Claims Advice are a team of specialists claims handlers, focusing on the
mis-selling of pensions through unsuitable investments and DFMs

Alex Waters
4 September 2017
Share this post:
No Upfront Fees

Let’s Rewrite Your Financial Story

We are here to rewrite the book for you. 
And luckily we are pretty damn good at creating happy endings.

Money Hands

We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.


When you get let down by someone you thought you could trust, it can leave its mark on you, emotionally and physically.


We are committed to transparency and fairness in the way we conduct with clients, including how we charge for our claims services.

Speak to an expert today

We have decades of experience in helping people claim back money that is rightfully theirs. Whether you want to make a mis-sold pension claim, have questions about a mis-sold investment, or you’re just looking for some advice you can trust – we’ve got you covered. Reach out to our team today for a no-obligation, completely free chat. 

Call: 01204929929

Office Hours:

Monday: 8:00am–6:00pm
Tuesday: 8:00am–6.00pm
Wednesday: 8:00am–6:00pm
Thursday: 8.00am–6.00pm
Friday: Office Closed

This field is for validation purposes and should be left unchanged.