Chandler King (City) Limited enters creditors’ voluntary liquidation

Chandler King, an independent financial adviser covering investments and pensions, entered creditors’ voluntary liquidation after agreeing a voluntary requirement in April 2026 that restricted its activities. The FCA is reviewing the firm’s application to cancel permissions. For compliance teams, the read-across is to check counterparty, introducer or service-provider exposure to Chandler King; confirm how client records and ongoing advice are being transitioned; and ensure any similar restricted-permission arrangements are documented, monitored and escalated.

Firms should also verify that their own permissions remain accurate, that material changes are notified promptly, and that wind-down or exit plans are credible. Client-facing teams may need clear handling scripts for affected clients, including signposting to appropriate redress or compensation routes where relevant. The case reinforces that regulated firms cannot simply exit regulated activity without supervisory oversight.

Most firms face limited direct prudential impact, but the event is a useful supervisory signal on permissions hygiene, counterparty due diligence and orderly wind-down readiness.