Providence-owned Lumiere Wealth is to be wound up

clock • 2 min read

Jersey-based financial advisory firm Lumiere Wealth, part of the controversial Providence group of companies, has been officially closed down. Local reports in The Jersey Evening Post have confirmed that the IFA firm, has been ordered to be wound up leaving many Islanders facing the potential prospect of losing their savings. Lumiere Wealth Ltd, which has operated from offices in Jersey’s Castle Quay since last year, has been wound up following a Jersey Royal Court hearing. In making the winding-up application, advocate Elena Moran told the Jersey court that investors had wrongly be...

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Gary Robinson

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