Moneywise Financial Advisers Ltd

Aberdeen based Moneywise Financial Advisers Ltd are no longer authorised by the Financial Conduct Authority (FCA) meaning they can no longer provide regulated products or services.

However, before this change of status, the FCA had placed restrictions on Moneywise Financial Advisers Ltd regarding pension switches and transfers, suggesting they had concerns with how they conducted business relating to pension advice.

How does Pension Mis-selling happen?

Pension mis-selling usually occurs when an adviser recommends investments that are unsuitable for the client, for example high -risk, unregulated investments.

That’s why a regulated financial adviser has a duty to check that:

  • You understand and are comfortable with the risks involved
  • You understand how the investment works
  • You are a sophisticated investor, with knowledge and experience of investing

If they didn’t do this or they did and still recommended an unsuitable financial product, then this could be mis-selling and you may be able to claim compensation.

Want to know more about mis-selling and what you can do?

If you received advice from Moneywise Financial Advisers Ltd and are worried about it, we offer a free initial consultation.

It’s basically a brief chat with one of our team to assess the circumstances regarding your pension and the advice you received. From that we should be able to tell you if we think you have been mis-sold and if you may have a case to claim compensation.

Simply fill in the enquiry form to arrange a call back at a time that suits you or call 0114 2664216 and talk to one of the team.

If you would like to know more about why our clients have chosen to use Pension Claim Consulting to help with their claim see our testimonials page.

Important Information!

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 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.