RCUK has now been given a full license from the FCA. This is a very important milestone in the ongoing development of the business.
Previously RCUK was operating on a temporary license following the change in regulator from the MoJ to the FCA. Following a comprehensive application procedure which involved documenting our business model, procedures and financial prudence the FCA have now approved our application.
The FCA register can be found at https://register.fca.org.uk/ and once on the site if you search on Wilmslow Wealth Management Ltd you will be able to confirm for your own records that we now have a full FCA license.
For RCUK the issue of regulation and compliance does not stop here. To maintain the license RCUK have and will continue to self audit and comply with all the provisions of the Senior Managers Regime.
Since entering this market place back in late 2016, RCUK has constantly attempted to drive standards and adopt regulation at every opportunity. It began by approaching the RPS directly to establish standards which resulted in an audit by the FCA and establishing a way of working with them which more recently has led them to approach us directly to confirm they will now fast track our cases for payment due to the comprehensive evidence we submit with every application. Following the audit by the RPS we voluntarily confirmed with the MoJ that our service should fall under the Compensation Act and the MoJ’s regulatory regime. RCUK were the first company in our sector to be regulated by the MoJ. The final move to the FCA is seen as a considerable uplift in regulatory controls and something that RCUK has embraced. This has been recognised in our application and the granting of a full license.
Does accepting a new job offer before the date of redundancy prevent a director making a claim for redundancy to the RPS
If you are looking to close your limited company, you may have attempted to strike it off by submitting a DS01 form to Companies House. This process is also sometimes referred to as dissolving or company dissolution.
A Creditors’ Voluntary Liquidation (CVL) is an official procedure whereby a company’s assets are liquidated in order to pay creditors. It’s typically initiated by directors when their company becomes insolvent and there is no hope of business recovery.
May I take this opportunity to thank you and your team for all your professional help in securing for myself and my wife, redundancy pay. I would have no hesitation in recommending RCUK to assist them.Tom Harrison Managing Director of a construction company