Shropshire based Financial Page Limited were formed in 2011. They also traded as Andrew Page, the name of the company’s director.
Between 2014 and 2015 Hennessy Jones Limited, an introducer company, became an Appointed Representative of Financial Page Limited. This enabled them to introduce business to Financial Page Limited, in particular with regard to pension transfers and SIPPs.
By 2016 complaints started to come through regarding potential mis-selling particularly in respect of AIGO Funds and the Hennessy Jones Bonds – both of which were high-risk unregulated investments.
The FCA then placed restrictions on the company’s permissions saying that the information provided had ‘given rise to serious concerns with respect to the adequacy of the Firm’s pension advice, including, but not limited to its relationship with Hennessey Jones (HJ Limited)’.
They went on to further restrict the firm from carrying out activities in relation to pensions switches/transfers and facilitating non-standard investments
In 2016 Financial Page entered administration. By 2018 over 200 claims had been paid out by the FSCS, relating to the advice they had given.
In 2019 the FCA issued provisional penalty and prohibition notices to several adviser firms and their directors for “acting without integrity in relation to their pension advice business.”
This included Financial Page Limited and director Andrew Page who was issued with a provisional fine of £321k, pending appeal.
The company has now dissolved following liquidation.
Pension mis-selling often occurs as a result of poor or negligent financial advice. This could be that a client is recommended a financial product, such as a SIPP or investment, which is not suitable to their circumstances or attitude to risk.
If you have received advice from Financial Page Limited and are concerned about it, talk to one of our Claims Handling Team.
We offer a free no obligation consultation, which is quite simply a chat to discuss the basic information and for us to tell you if we think you may have a case.
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.