Pengwern Wealth Management LLP made headlines when the FCA imposed restrictions on them regarding the advice they gave clients to invest in high-risk, unregulated investments through their SIPP pensions.
High-risk and unregulated investments are not suitable for the average investor and are not covered by the FCA should things go wrong.
A regulated adviser must adhere to certain criteria in order to be regulated and due diligence – checking the recommendations they make are suitable – is a big one. If they failed to do so, this could be mis-selling and you may be entitled to compensation as a result.
Pengwern Wealth Management LLP are no longer authorised and the company dissolved in 2014.
If you are concerned about the advice you may have received from Pengwern Wealth Management LLP or any financial adviser and would like to know more about pension mis-selling, we can help.
We offer a free initial check to see if you may have been mis-sold. It’s just a simple chat with one of our team who can briefly assess if you may have a case. There’s no obligation to use our service.
Fill in the enquiry form to arrange a call back at a convenient time for you or call 0114 2664216 to talk to one of the team.
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.
