DeVere UK is the British branch of a worldwide financial management group responsible for pension savings and planning, domestic and international mortgages, and various wealth management services. The firm bills itself as a visionary in long-term financial management solutions. However, … Read more ….
Pension transfer scams feature unfortunately often in the financial news, with continuing reports of thousands of investors across the UK losing hard-earned retirement savings after purchasing products or services from unauthorised pension firms. Recently, the financial media has largely focussed … Read more ….
Professional indemnity (PI) insurance is designed as a safety net for professionals and businesses whose mistakes have resulted in a loss of client data, assets, or cash. It can be used to cover the legal costs of defending claims and, … Read more ….
The UK’s financial regulators have struggled to keep pace with the rate of change to the pension market after the Government’s pensions freedom act of 2015. Opportunistic financial advisory firms and scheme providers have profited significantly from the new budget, … Read more ….
The problem of pension transfer advice has caused headaches for victims of mis-selling and the various regulatory bodies established to protect individuals from scams for decades. This issue has been more prevalent than ever since the pensions freedom act came … Read more ….
SIPP provider Berkeley Burke ran into trouble with the Financial Ombudsman Service (FOS) in 2014 over a lack of due diligence relating to the Sustainable AgroEnergy scheme. The firm was alleged to have worked with unregulated third-party advisors that encouraged … Read more ….
Beaufort Securities was a discretionary fund management (DFM) firm based in London, which sold pension investment products before entering insolvency in March 2018. The firm’s main offering was the eponymous Beaufort SIPP, and it worked with multiple advice firms and … Read more ….
GPC SIPP, formerly known as Guardian Pension Consultants, is an independent financial services company that specialises in self-invested personal pensions (SIPP). The firm’s primary investment focus is on commercial properties which are marketed with significant tax benefits, including business tax … Read more ….
Colonial Capital Group was a company that aimed to profit from a downturn in the US housing market by refurbishing vacant homes in states such as Chicago and receiving subsidies from the US government for letting the properties out to … Read more ….
The conduct, behavior, and quality of services offered by financial product providers are regulated and monitored by the Financial Conduct Authority (FCA). There are numerous instances when the FCA may be called in to act on financial negligence, product mis-selling, … Read more ….