Gerard Associates

Did you receive advice from Gerard Associates? Investors face losing thousands of pounds from their pensions due to poor pensions advice. Are you one of these people?   

Gerard Associates were a financial advice firm established in 2006 and based in Bristol.

Several complaints were made to the Financial Ombudsman by clients concerning the advice Gerard Associates had given them to transfer their occupational pensions.

Unregulated Introducers

In two cases upheld by the FOS both clients were contacted by First Review Pension – an unregulated introducer company – before being passed on to Gerard Associates.

First Pension Review also have connections to  The Resort Group – a high risk unregulated investment in luxury resorts in Cape Verde. The Resort Group were the subject of a Panorama “Rip-off Pensions” documentary in 2016.

Other cases that were also upheld against Gerard Associates involved Viva Costa International – another unregulated introducer.

London Quantum Retirement Benefit Scheme

In 2016 The Pension Regulator revealed details of its investigation into London Quantum Retirement Benefit Scheme. The scheme attracted concern that it was being used for pension liberation and putting members at risk with risky and illiquid investments.

According to reports £5.8m of pension funds had been placed in the scheme which had nine different investments. These investments included The Resort Group and Best International Car Parks in Dubai both of which are high-risk and unregulated.

In the report the then trustees of the scheme – QIMS told the regulator that Gerard Associates were responsible for finding and liaising with introducer firms. They also as provided documents to members to say they were self-certified “sophisticated investors”

What is a sophisticated investor?

High-risk, unregulated investments like these are usually only promoted to people with a high net worth or who are sophisticated investors. That means they have some knowledge or experience of high-risk investment and accept the responsibility they could lose money.

Unfortunately, in the case of LQRBS it seems many investors who weren’t sophisticated signed these declarations anyway.


Optimus Retirement Benefit Scheme

Gerard Associated also advised clients into Optimus Retirement Benefit Scheme. This was a QROPS scheme based in Malta and run by Integrated Capabilities.

Strategic Wealth (who traded as Gibro Wealth) were also involved in advising people to transfer into their pensions into this now defunct scheme.

What’s the latest on Gerard Associates

Gerard Associates are currently in liquidation. In 2019 they were declared in default by the FSCS, who are now accepting claims against the company.

How does mis-sold pension advice happen?

Mis-sold pension advice can come about as a result of many different factors. Sometimes it’s poor or negligent advice by a financial adviser to move your pension. In other cases, the risks involved with the investments are downplayed or the client’s attitude to risk has not been accurately reflected in the choice of investment.

Worried about your mis-sold pension?

If you are worried you may have been affected by pension mis-selling – we may be able to help.

We offer a free initial assessment to see if you may have been mis-sold. It’s simply a brief chat with one of our trained assessors.

Whilst each case is individual, as mis-selling specialists we know to look for certain signs that in our experience indicate that mis-selling may have happened.

Our assessment is free and there’s absolutely no obligation to use our service if you have case.

Key Facts

Gerard Associated advised clients into Optimus Retirement Benefit Scheme
In 2019 Gerard Associates were declared in default by the FSCS, who are now accepting claims against the company

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.

Rodders Hewitt
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Phil C
Thank you to all at PCC. My claim was managed brilliantly and was successful. I can highly recommended their services. Thank you once again
Christopher Fraser
After identifying a concern regarding my pension, I sought advice from Pension Claim Consulting. The response and customer service was swift and amazing. The courtesy and care taken throughout the whole process was phenomenal. The consultant’s communication from start to finish filled me with confidence that PCC do exactly what they state and were on hand whenever required. The level of understanding, empathy for the frustrations, and patience is by far the best I’ve witnessed. I cannot thank PCC enough for their outstanding work ethic and dedication to customers/clients. If you have any concerns at all regarding your pension, then I would highly recommend that you get in touch with them.
Andy Yates
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Robert Manningham
Pension Claim Consulting Ltd successfully won a case on my behalf following misguided advice I received in relation to my pension. They were most proactive in the process and kept me fully informed every step of the way. I have no hesitation in recommending their services.
Deanamo 84
Very professional, very thorough and very good at what they do. Always at the end of the phone or email for any questions at anytime throughout the process. I can’t recommend them enough.
Roger King
Pension Claim Consulting managed to reclaim some of my pension by constantly chasing the company that fraudulently took my money. I though that I had lost everything. I cannot thank them enough on recovering some of my pension back.
Susan Stringer
Excellent standard of service. The claim was protracted substantially by virtue of opponents trying hard to not accept any responsibility for their actions and not return the pension fund. PCC kept me fully informed throughout the process, obtained an excellent result for me.They also kept chasing the opponent when little action was taking place from them. The staff were always pleasant and helpful to deal with and very encouraging when I felt my claim was doomed to failure. I can not praise highly enough
Paul Wilshaw
Very professional and informative from the beginning of our 5 year relationship. They talked me through every step of the process with what to expect. I would recommend Pension Claim Consulting to anyone who wants an honest and professional service.
Bill Cass
Great team and they will get the best outcome they can always kept informed the process took a longtime not because of anything pension claims consulting did purely the pension sip provider playing games i would 110% recommend this company to pursue your claim without doubt best thing i have done they didn't give up on my claim even though I had given up on any good outcome however finally resolved and paid thank you pension claim consulting
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.