Better Retirement Group Ltd have been advising people on pensions and retirement options for over 25 years.
During this time, they’ve also taken on many trading names including SIPP Club.
SIPP Club was founded in 2012 and became a trading style of Best Retirement Group in 2018. According to its website the aim of SIPP Club is to “become your trusted financial friend”
SIPP Club has been involved in some consumers transferring from highly beneficial company pensions (Final Salary) into SIPPs and into unregulated high-risk investments. One such investment was Dolphin Capital (German Property Group) which has recently filed for bankruptcy leaving investors facing thousands of pounds of losses.
However, the FCA put restrictions on what the company could now do regarding pension advice. Effective from 14 October 2020, the Firm must immediately cease:
1) advising on conversion or transfer of pension benefits; and
2) completing pipeline business in relation to the conversion or transfer of pension benefits;
Better Retirement Group Ltd have traded under a multitude of names:
It’s also reported that Better Retirement Group Ltd provided “specialist DB transfer services” to Fiducia Wealth Solutions, who have since ceased trading. Fiducia were allegedly involved with the Steelworker pension fiasco and collapsed DFM SVS securities.
Better Retirement Group Ltd voluntarily ceased providing DB advice in August 2019 due to issues renewing PI as a result in changes to regulator policy.
If you are one of the many thousands of people affected by poor pension advice – get in touch, as we may be able to help!
We can assess your pension advice to check if any wrongdoing has occurred and tell you if you may be able to claim compensation. It’s free and there’s no obligation to use our service
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.
We will not make or pursue a claim, or advise you to, if we know or have reasonable grounds to suspect that the claim does not have a good arguable basis, and or is fraudulent or frivolous.