Financial Losses With Consumer Wealth Ltd
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Consumer Wealth Ltd went into liquidation in January 2019. This could potentially lead to their customers suffering financial losses on investments made through the company.
We are aware that Consumer Wealth Ltd advised some of their customers to transfer and invest pension money with Strand Capital Ltd through a Self Invested Personal Pension (SIPP). This company has subsequently entered into Administration and could lead to significant levels of loss for investors.
The business activities of Consumer Wealth Ltd were regulated by the Financial Conduct Authority (FCA). This means that, in certain circumstances, it may be possible for investors who have suffered losses through dealings with Consumer Wealth Ltd to seek compensation for their losses by using special claim procedures established by the industry.
Consumer Wealth Ltd were under a duty to comply with rules of business and codes of conduct set by the FCA. Failure to do this could mean that they are liable for any subsequent financial losses suffered by their clients and customers.
In particular, Consumer Wealth Ltd were under a duty to ensure that the investments and pension options they recommended were suitable, appropriate and did not expose people to higher levels of risk than what they are prepared to take.
A failure to achieve this could mean that there are good grounds for pursuing a claim for compensation to recover losses.
We are currently acting for clients who have suffered losses on pension investments recommended by Consumer Wealth Ltd. If you are similarly affected then we would like to hear from you as we may be able to assist you in bringing a No win, No fee claim to recover your losses. Please call us on 0208 870 7849 for further advice, or fill in the form and one of our Solicitors will call you back at a convenient time.
A great help in getting my lost pension fund back
Paul Miles - 5th November 2018
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Mis-selling or mis-management by a SIPP Operator?
Have you suffered financial losses on a SIPP operated by a SIPP operator? If so, then you may have grounds for bringing a No Win No Fee claim.
Some SIPP operators have entered into dealings with third party advisers who are not authorised and regulated by the Financial Conduct Authority to give pension or investment advice. This is despite their regulatory body publishing alerts and giving warnings against such actions.
View MoreMis-sold or mis-managed investment or pension?
- You were sold an investment without having been properly advised of the risks
- Your personal circumstances or attitude to risk wasn’t properly considered
- You were sold a SIPP or poor returning annuity
- You were advised to invest all or most of your savings into a single investment
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I've recommended you to many people. Mrs Davies
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I was impressed how quickly my claim was dealt with especially when I heard many claims take 2-3 years. Mr Gwyther
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Many thanks for all your good work. Mr Wilson
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Thank you very much for all your help and the very good service received - swiftness, honesty and efficiency. Mr Rogerson
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Very satisfied with all solicitors involved in my case, can't fault them at all. Mrs Munro
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Many thanks for the work in settling my claim. I will recommend you. Mr Jobber
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We would like to take this opportunity to thank you for achieving a good settlement. Your attention to detail and regular phone calls to keep us informed of all developments was of great help and was really appreciated. Mr and Mrs Goddard
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Thank you for the efficient and professional way in which you handled this matter. Mr and Mrs Lonsdale
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I never imagined that I would receive so much compensation and I have no hesitation in recommending you to friends and family for professional advice. Mr Bennett
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You have made making a claim so easy and stress free. I am delighted with my pay out! Mr Smith
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We are writing to say how happy we are with the way your company dealt with our claim. We found your website while searching online and we have found your company to be very approachable and helpful throughout. Mr and Mrs Deramchia
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This company does not give up, very professional, always kept me informed, gave me options, listened to all my concerns.....I would highly recommend this company. Mr Singh
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Your professionalism and information relayed to myself was of a first-class service. Mr Bourne
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We would like to thank you, we would be pleased to recommend your company to friends and family. Mr and Mrs Evans
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I have been very impressed with the courtesy I have received, telephone calls have been made in a professional way and I am in awe at the manner that all documents have been produced. I was given your advertisement by a friend from one of the national newspapers and I am so grateful that he did. Mrs Holland
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I received a top class service and an excellent payout. Many thanks. Mr Jackson