Julian Penniston-Hill

Julian Penniston-Hill (born 30 June 1970) is a British businessman and entrepreneur, the founder and chief executive of £1.2bn investment management firm Intelligent Money. The company is now i
administration
following professional negligence related to its private pension clients.

Media

Penniston-Hill has been quoted in the media as a consumer champion, attacking disparities in the financial services industry and delivering alternatives for investors. This has resulted in attracting both praise and criticism.

Financial services industry trade paper ''Money Marketing'' wrote that Penniston-Hill's company is “taking the moral high ground regarding the way the industry structures its costs”.

Penniston-Hill is quoted in UK newspapers and specialist financial websites. as well as ITN news and the BBC.

In May 2024 it was reported by the media that from February 2024, Julian's company, Intelligent Money, became subject to an FCA asset restriction requirement. This requirement prevents Intelligent Money from ‘disposing of, withdrawing… or diminishing’ any of its assets without the FCA’s consent. The purpose of an asset restriction is to ‘maximise a firm’s ability to meet redress liabilities to consumers by limiting its ability to dissipate assets before it has assessed and paid any redress it owes’, according to the FCA Handbook. It is believed, as of 22 May 2024, that the Financial Ombudsman Service is processing more than 80 complaints against the Sipp provider.

Other business activities

In 2016, Penniston-Hill purchased £150m Derbyshire financial advice firms, The Review Business and The Pension Review Business.

References

External links

IntelligentMoney.com
*https://www.pistonheads.com/gassing/topic.asp?h=0&f=206&t=1786977

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Living people
1970 births