Bank House Investment Management

In 2016 the FCA decided that Bank House Investment Management could no longer carry out any regulated activities, which included pension transfers. This choice was made further to the restrictions already placed on Bank House Investment Management, in which the regulator decided that the firm could no longer ‘Carry out regulated activities in relation to pension switches and/or transfers to any self-invested personal pension (SIPP) scheme …except where member’s funds are to be invested wholly in standard investments”.

Standard investments are ones which are regulated by the FCA, non-standard investments, such as overseas property, store pods and carbon credits are not regulated and are therefore deemed to be High-risk and as such, not suitable for everyone.

If you are concerned about the advice you received from Bank House Investment Management then  speak to one of our UK based Claims Handling Team and find out where you stand.

 

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