Advice firm Allan McRoberts (AM Wealth Management Services) goes under after 4 upheld FOS cases

The advice firm Allan McRoberts (trading as AM Wealth Management Services) has failed after 4 cases against them were successful with the Financial Ombudsman Service (FOS). Now the firm has gone under cases are being passed to the FSCS and we anticipate a high volume of cases passing through the system.

The firm were guilty of advising people to put their pensions into a high risk SIPP, some of which into the property developments 'Harlequin' in the Caribbean which was famously never built.

Hundreds had been poorly advised and lost their pensions as a result. If you were advised by AM Wealth Management Services to put your pension into a SIPP that subsequently failed, we could help you recover your pension funds.

Give us a call and speak to one of our friendly advisers about how we can help you on 01903 868 251.

For full article see: https://citywire.co.uk/new-model-adviser/news/advice-firm-with-4-upheld-fos-complaints-falls-into-fscs-default/a1203473?re=62286&ea=518287&utm_source=BulkEmail_NMA_Daily_EAM&utm_medium=BulkEmail_NMA_Daily_EAM&utm_campaign=BulkEmail_NMA_Daily_EAM