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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

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The Claims Bureau Limited are a claims management company. You do not have to use our service as you are entitled to make a claim yourself for free, either to the person against whom you wish to complain or to the relevant statutory ombudsman (The Financial Ombudsman Service or The Pension Ombudsman Service), or the statutory compensation scheme (The Financial Services Compensation Scheme) if it falls within their remit, providing where applicable you have approached the company in question first.

 

The Claims Bureau, a limited company registered in England & Wales (registered number 08075880), registered at the above address). The Claims Bureau Limited is authorised and regulated by the Financial Conduct Authority (see the FCA register at www.fca.org.uk/register/ Reference 830392). The Claims Bureau is registered with the ICO (Z3299040).



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