Assured Review IFA Ltd were a financial advice firm, established in 2013.
They were declared in default by the FSCS in February 2017 and the firm dissolved in March 2017.
Unsuitable pension transfer advice complaints were made against Assured Review in 2016.
One of these complaints was reportedly upheld by the FOS in favour of the client, who had been advised by Assured Review to transfer £70k into a SIPP, which had unsuitably high-risk investments. The adjudicator said they had “very serious concerns” about the suitability of the advice the client had received.
The company ceased trading soon after the FOS decision and all complaints were directed towards the FSCS.
Pension mis-selling often occurs as the result of unsuitable financial advice.
Advice can be considered unsuitable if the adviser hasn’t made you aware of the risks involved or adequately checked any investments are right for you.
High risk investments are generally suitable for clients with the investment experience needed to manage their SIPP account and who are comfortable with the level of risk.
Also, if you have been advised to place the majority of your funds into one high-risk investment, this too may be mis-selling.
If you’re worried about the advice you’ve received from Assured Review IFA Ltd then you might be wise to get it checked.
We offer a free assessment to help establish if the advice you received was suitable or not and if you have grounds to proceed with a claim for compensation.
Whilst each case is individual, as mis-selling specialists we know to look for certain signs that in our experience indicate that mis-selling may have happened.
Our assessment is free and there’s absolutely no obligation to use our service if you have case. See what our clients think of us on Trustpilot.
You are not required to use our services to pursue your claim. You can also seek further advice or shop around subject to any time limits within which a claim must be made.
It is possible for you to present the claim for free, either to the firm or person against whom you wish to complain or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.