Agincourt Financial Ltd

Agincourt Financial Ltd were established in 2001 as Cunningham Asset Management Plc.

They underwent several name changes, including Alecto Financial Ltd, before becoming Agincourt in 2012.

They have also traded as Mercantile UCITS, Mercantile Wealth, Mercantile Invest and Sommerville Advisory Markets.

 

Appointed Representatives of Agincourt Financial

Agincourt Financial have had several Appointed Representatives over the years, including Alternative Investment Initiatives Limited, Elevation Trading Ltd, Mercantile International Limited, Precision Technical Analysis Ltd and Growth Asset Partners Limited.

Complaints

The Financial Ombudsman Service upheld complaints against Agincourt Financial Ltd in February 2020.

These complaints involved clients who were advised to open a Self-Invested Personal Pension so they could invest in CFD trading with Saxo Capital Markets.

While Agincourt did not advise on the pension transfers or investment, as a regulated company, they still had a responsibility in their role as Discretionary Fund Managers.

The FOS upheld these complaints, saying that Agincourt should have advised these clients that the CFD trading account was not suitable for the investment.

 

Investment mis-selling

Investment mis-selling can happen due to people being mis-advised about the suitability of an investment.

CFD’s – Contracts For Difference – are complex, high -risk, unregulated investments and generally considered an unsuitable investment option for the average retail clients.

According to the FCA regulations, there are 3 key factors in determining whether an investment is suitable:

  • Does the investment match the risk that the investor is prepared to take?
  • Do they have the knowledge and understanding to understand the level of risk they are taking?
  • Is the investment consistent with their financial circumstances, i.e., do they have the capacity to withstand the scale of the financial loss they are exposed to?

Financial advice may also be unsuitable if you were recommended to place most of your funds into a single high-risk investment, as these clients were.

 

Latest on Agincourt Financial Ltd

Agincourt Financial was declared in default with the FSCS in November 2020 and is no longer authorised by the FCA.

 

Would you like to know more about mis-selling?

If you are concerned that the advice you received regarding your pension or investment may mean you’ve been mis-sold – we may be able to help.

We offer a free no obligation consultation. This is basically a call to briefly discuss the circumstances and parties involved with your pension transfer.

From this information, we can tell you if we think you may have a case to complain to and ask for compensation. Then it’s up to you – no obligation to use our service.

See what our clients think of our service on Trustpilot.

Key Facts

1
Agincourt Financial Ltd have also traded as Mercantile UCITS, Mercantile Wealth, Mercantile Invest, Sommerville Advisory Markets and Cunningham Asset Management Plc
2
They were declared in default with the FSCS in November 2020 and are currently in liquidation

We win more than 9 out of 10 claims

The cost of our service is 15% + VAT on the total monies awarded for a successful claim. Our cost is also priced capped at one of the lowest rates.

Robert Pemberton
2022-04-11
Antony Stroud
2022-04-08
Excellent company, would definitely use again, they never gave up
Junior Geener
2022-03-20
always kept you informed has to what was going on .I'd recommend pension claim to anybody
Ian Gaynor
2022-03-14
A thoroughly positive result and experience. In all honesty I didn't have much hope of any success following a truly dodgy pension investment. I spent years angry at myself then decided to let these guys have a go on my behalf. It took hardy any effort on my part and they kept me fully informed, then out of the blue I got a call saying they have won all my pension back plus more and within days it hit my account. Thrilled with their effort and professionalism. I dealt with a few different staff and all were informative, polite and helpful. I great end to a terrible situation. 100% genuine review and I cannot recommend them enough. Thank you.
Grace Anderson
2022-03-11
Pension Claim Consulting were a Godsend. I was told about them by a friend who had also invested in a pension. They kept me informed on the progress of my claim with regular updates and answered my queries with patience and professionalism. There percentage for on behalf was also lower than expected. I can't thank them enough
adrian buck
2022-03-10
Keith Wilkins
2022-03-09
Very thorough and achieved the goal regarding compensation in full. Took a while but was worth the wait
Mark Holmes
2022-03-08
Excellent service. Great result.
michael dixon
2022-03-08
I was approached by Pension Claim Consulting after the company that was handle ing my SIPP had been investigated by the Financial Ombudsmen and informed me i had a case, with this information given to me i agreed to let them represent me in trying to reclaim my investment. All through the process i was informed of every step and on a regular basis even though it took many months the outcome was successful and i was reimbursed fully. This is a fantastic company to work with and dedicated staff who know their business. Many Thanks. Mike Dixon.
Roderick Turnbull
2022-03-08
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 Services Compensation Scheme, whichever is applicable to your claim.