Link Fund Solutions Limited

Reference number: 119197

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When linkfundsolutions.co.uk first appeared online, and whether it can receive email
  • What kind of line 0333 300 1950 is, and the other firm that gives it
  • Who else gives the postcode LS1 4DL
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Other names (8)

If you were contacted under any of these names, it is this firm.

  • Link Asset Services Trading name
  • Link Group Trading name
  • Capita Financial Managers Limited Former name
  • City Financial Managers Limited Former name
  • City Financial Unit Trust Managers Ltd Former name
  • Capita Asset Services Former trading name
  • Capita Financial Group Former trading name
  • City Financial Managers Former trading name

FCA permissions and consumer protection

  • Hold or safeguard your money · Run or oversee funds FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (3 permissions)
  • Managing an authorised AIF
  • Managing an unauthorised AIF
  • Managing a UK UCITS

FCA disciplinary action

FCA action

actions
3
in fines
£50.0m
most recent
April 2024
  • Fined £50m on 11 April 2024
    On 11 April 2024, the Financial Conduct Authority (the FCA) issued a Final Notice to Link Fund Solutions Limited (Link). For the reasons given in the Final Notice, the FCA required Link to pay restitution of £298,403,919, or such lower sum as may be payable under a scheme of arrangement, to the LF Woodford Equity Income Fund (WEIF) for the benefit of current unitholders (“Relevant Investors”). This sum reflected losses suffered by Relevant Investors as a result of contraventions by Link of Principle 2 and Principle 6 of the Principles for Businesses. Link agreed to settle the case by implementing an appropriate scheme of arrangement under which it is expected that £230,000,000 of restitution will be payable. Were it not for this arrangement, the Authority would have proposed to impose on Link a financial penalty of £50,000,000. A copy of the Final Notice can be found on the Authority's website and can be accessed.
  • Publicly censured on 10 November 2017
    On 10 November 2017, the FCA published a public censure in respect of Capita Financial Managers Limited. This is in respect of breaches of Principles 2 (skill, care and diligence) and 7 (Communications with clients) of the FCA’s Principles for Businesses between April 2008 and September 2009. The Final Notice which sets out the reasons for the action against Capita Financial Managers Limited can be found on the FCA's website.
  • Publicly censured on 26 November 2012
    On 26 November 2012, the FSA published a public censure in respect of Capita Financial Managers Limited. This is in respect of breaches of Principles 2 (skill, care and diligence) and 3 (management and control) of the FSA's Principles for Businesses (the Principles) and Rules contained in the parts of the FSA Handbook relating to Collective Investment Schemes (COLL) which occurred between June 2006 and March 2009. The Final Notice which sets out the reason for the action against Capita Financial Managers Limited can be found on the FSA's website.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
01146888
Company status
Active
Company type
Private limited company
Incorporated
21 November 1973 (52 years old)
Registered office
Central Square, 29 Wellington Street, Leeds, LS1 4DL, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Nigel Stephen Boyling Director May 1956 7 Feb 2011 10 other companies
Antony John Stuart Director Sep 1952 15 Nov 2017 10 other companies
Alistair Garnet Reid Director Jan 1955 4 Jan 2021 21 other companies
MUFG PMS CORPORATE SECRETARY LIMITED Corporate secretary Not published 3 Nov 2017 –

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
39
closed down
15
are FCA-registered
6

In the full report: all 39 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 6 on the FCA register, including one no longer authorised
  • The 2 companies these 3 directors run together
  • All 32 people who have ever been directors, with their dates
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Key dates in its history

Link Fund Solutions’s history from the FCA register and Companies House, newest first.

Key events (13) All events (79)

2024

11 April 2024

  • Fined £50m by the FCA

FCA register

2017

21 December 2017

  • Mufg Pension & Market Services (UK) Limited became a part-owner (25–50% of shares)

Companies House

10 November 2017

  • FCA action: Publicly censured

FCA register

6 November 2017

  • Changed its registered name from "Capita Financial Managers Limited"

FCA register

2016

6 April 2016

  • Lf Solutions Holdings Limited took control (50–75% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2012

26 November 2012

  • FCA action: Publicly censured

FCA register

2002

17 May 2002

  • Changed its registered name from "City Financial Managers Limited"

FCA register

2001

1 December 2001

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

1999

4 November 1999

  • Changed its registered name from "City Financial Unit Trust Managers Ltd"

FCA register

1973

21 November 1973

  • Incorporated at Companies House

Companies House

1901

1 January 1901

  • Regulated by the Investment Management Regulatory Organisation from this date

FCA register

In the full report: all 79 events

  • All 79 events in its history (13 shown here)
  • Every director appointment and resignation: 55
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Firms connected to Link Fund Solutions

Other FCA-listed firms that share a director, phone number or address with Link Fund Solutions. A link shows who the firm is tied to, not whether either can be trusted.

connected firm
1
share its phone number
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same phone number (1), the same postcode (1)
  • Who links it to this firm: the named directors, with dates
  • 5 past links through former directors
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Firms like Link Fund Solutions

Other firms of the same type (investment or fund manager), nearest first.

In Leeds

3 W Equity LtdLeedsAuthorisedEndless LLPLeedsAuthorisedJenson Funding Partners LLPLeedsAuthorisedKey Capital Partners LLPLeedsAuthorisedLeodis Wealth LimitedLeedsAuthorisedProgeny Asset Management LimitedLeedsAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Link Fund Solutions

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 39 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 79 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Link Fund Solutions Limited FCA authorised?
Yes, Link Fund Solutions Limited (FRN 119197) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2001 and works as an investment or fund manager. The FCA has placed no limits on its permissions.
What is Link Fund Solutions’ phone number and website?
The FCA register lists the phone number 0333 300 1950 and the website linkfundsolutions.co.uk for Link Fund Solutions. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Link Fund Solutions a scam or clone?
Link Fund Solutions is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Link Fund Solutions?
It is permitted to hold and control client money, which it must keep separate from its own. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Link Fund Solutions to the Financial Ombudsman Service, free of charge.
Who owns Link Fund Solutions?
Link Fund Solutions is owned by Lf Solutions Holdings Limited, which holds 50–75% of shares and 75–100% of votes, since 6 April 2016.
Who runs Link Fund Solutions?
Companies House lists 3 directors of Link Fund Solutions: Nigel Stephen Boyling, Antony John Stuart and Alistair Garnet Reid.
How long has Link Fund Solutions been in business?
The company was formed on 21 November 1973, and has held its current FCA authorisation since December 2001.
Has the FCA taken action against Link Fund Solutions?
Yes. The FCA register records 3 FCA actions between 2012 and 2024, £50m in fines. The details are in the disciplinary section above, with links to the FCA's notices.
Does Link Fund Solutions use any other names?
It trades as Link Asset Services and Link Group. It has previously used 6 other names, including Capita Financial Managers Limited, City Financial Managers Limited and City Financial Unit Trust Managers Ltd.

Sources and links

The full report on Link Fund Solutions Limited

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