Investors face losing thousands of pounds from their pensions due to poor pensions advice. Were you one of these people?   

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.

What is 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 and Dolphin

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.

FCA Restrictions

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;

Other Trading Names

Better Retirement Group Ltd have traded under a multitude of names:

• Advies Wealth
• Arlington Financial
• Better Annuity
• Better Care
• Better Drawdown
• Better Equity Release
• Better Financial Planning
• Better Financial Solutions
• Better Investment
• Better Pension
• Better Retirement
• Better Retirement Income
• Better Retirement Solutions
• Better Wealth Management
• Burrows & Cummins
• CLAASS Financial Planning
• Directly Financial
• EquityCare
• Fiducia Prosperity
• I-Retirement
• JTD Financial Services
• Marwood Financial
• Millenial Wealth
• Money Advice Partnership
• MPI Financial
• Pension Tracing Service
• Pension Vesting Service
• Retirement Choices
• Tuto
• William Burrows Annuities

Fiducia Wealth Solutions

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.

Latest on Better Retirement Group Ltd

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.

How we can help you if you think you’ve been mis-sold

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