Archer Bramley Ltd were formed in 2001 and based in Nottingham.
In 2010 criticism from their clients started to appear in the press. For instance one such client claimed they had placed £50,000 from his SIPP into a Contract For Difference (CFD) without making him aware of the high-risk nature of this investment. As a result the client lost £30,000.
Pension mis-selling commonly occurs due to poor or negligent financial advice to transfer into an unsuitable investment or pension product.
By 2015, mis-selling complaints against the company had soared. Not long after that Archer Bramley Ltd was declared in default by the Financial Services Compensation Scheme (FSCS).
This is something the FSCS does when they are satisfied that a company cannot meet their financial obligations to clients. This includes paying out on compensation claims made against them.
Some of the most common investments are:
• Carbon Trading Partnership
• Forestry Schemes
Archer Bramley Ltd have now dissolved following liquidation.
Above all, if you are worried about the advice you have received from Archer Bramley Ltd and would like to know more about pension mis-selling, we offer a free initial assessment.
It’s basically a brief chat with one of our experienced claim assessors about your pension transfer and the parties involved.
From this we will be able to tell you if we think you may have been mis-sold and potentially able to claim compensation.
Then it’s up to you – there’s no obligation.
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.