View more on these topics

Former Bestinvest investment director escapes jail over indecent child images

Former Bestinvest investment director Nigel Parsons has been handed a three-year supervision order and must complete 120 hours on a sex offenders programme after pleading guilty to 14 charges, including voyeurism and the possession of 51 indecent images of children under the age of 10.

Parsons has also been handed a three-month curfew, during which he must remain within his home between 8pm and 6am.

Parsons, 34, hid his iPhone handset in the showers at Bestinvest’s offices to capture footage of workmates as they undressed. Two recordings on the phone were made in February at the firm’s Mayfair office.

A worker spotted the phone and found footage of her naked. Parsons, from High Wycombe, was identified as he filmed himself setting up the device.

He has been ordered to pay each of the three women he filmed £750 in compensation.

Parsons also admitted one count of distribution of an indecent image when he sent one image to another person through an online chat room.

Sentencing at Southwark Crown Court today, His Honour Judge Leonard QC said: “Nigel Parsons, the offences to which you have pleaded guilty are serious and, so far as the public is concerned, highly offensive.

“Using a camera to record work colleagues showering and changing is a despicable act, causing great distress to those concerned.

“The viewing of images of children under the age of 10 shows depravity on your part and in viewing them you are indirectly responsible, but responsible nonetheless, for those children being subject to appalling acts, causing them emotional and psychological damage.”

Recommended

Pensions regulator wants independent audits for master-trusts

The Pensions Regulator wants master-trusts to undertake regular independent audits to ensure they comply with its 31 features of good quality defined-contribution provision. The idea is one of a series put forward today by TPR in a consultation designed to drive up standards in DC schemes. The 31 quality features the regulator wants schemes to […]

Nev-Godley-Morgan-Stanley-2013-700x450.jpg
1

Case study: Structured product capital protection barriers

The problem: A client is looking at investing in structured products but is unsure of how the capital protection barriers work. The solution: One of the key attractions of structured products is that they offer a certain degree of capital protection. In today’s low interest rate environment, full capital protection is expensive. This has led […]

Business-Money-Currency-General-Finance-Notes-700.jpg
41

High street banks reveal RDR advice charges

Lloyds Banking Group, HSBC, Royal Bank of Scotland and Nationwide have all set out different strategies for charging for restricted investment advice. Money Marketing research of post-RDR advice costs shows Lloyds is charging an upfront fee starting at 2.5 per cent on the first £300,000 invested, dropping to 1.5 per cent on amounts between £300,000 […]

Pension experts back TPR DC governance proposals

Pension experts have backed a series of proposals by The Pensions Regulator designed to boost governance in trust-based defined-contribution schemes. Earlier today, TPR published a consultation setting out a new framework for the regulation of DC schemes. The regulator has outlined six key principles and 31 quality features which schemes should be able to demonstrate […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There are 7 comments at the moment, we would love to hear your opinion too.

  1. What a sorry tale this is. It is a little alarming that the punishment for this sort of offence is somewhat insignificant when compared against the huge financial penalties for mis-selling a product. One has to ask if we really have our values in the right places.

  2. Why on earth would employees be stripping naked at their offices ? A wash and brush up yes but naked ?

  3. Spot on Dominic – couldn`t have put it better myself

  4. Deeply disturbing on both counts.

    However, I sometimes wonder whether this behaviour is a former of mental illness that should be treated, rather than punished.

    In any event, his life is destroyed.

  5. The victims would have had more rights if they had been mis-sold a financial product Dominic.

  6. Really I dont think this is a newworthy story for Money Marketing. I expect to read stories of value to financial services or to my development as an adviser. This is not the place for personal gossip to take place. If I really want to read about this stuff I’ll buy the Sun on sunday

Leave a comment

Close

Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm

Email: customerservices@moneymarketing.com