Proven Results for Our Clients
Real cases. Real outcomes. Every claim handled with expert legal oversight.
9 years dealing exclusively with claims arising from the provision of negligent financial advice or administration relating to pensions and investments.
Client was recommended by an adviser who was not regulated by the Financial Conduct Authority to transfer his Self Invested Personal Pension fund to another pension company which was also not FCA regulated and subsequently the new pension scheme collapsed. A complaint was made to the original pension scheme provider for allowing and facilitating the transfer to an unregulated scheme relying upon unregulated advice. The complaint was not admitted with a subsequent complaint being made to the Financial Ombudsman Service resulting in an admission and securing redress of £189,774.77 to put our client back into the position that he would have been in had the transfer been properly rejected by the original pension company.
Client was advised by an independent financial adviser to open a Self Invested Personal Pension (SIPP) and to transfer his existing personal pension funds into the SIPP, it transpiring that the funds were actually transferred to a Small Self Administered Scheme (SSAS) which went on to fail. The IFA strenuously denied providing advice or any involvement at all and a complaint was made to the Financial Ombudsman Service. A favourable finding was secured from FOS which the IFA did not accept, appealing the finding to an Ombudsman for a final decision which also found in our client’s favour recommending that the IFA place our client in the position that he would have been in had his pension funds remained with his original pension provider. With further delays in assessing the actual loss, disputing the method of calculation and adding interest from the date of the final decision to payment, our client recovered £75,437.08 by way of redress.