Opes Financial Planning Ltd

Did you receive advice from Opes Financial Planning Ltd? If so you may want to check if you should be claiming compensation for mis-sold pension advice.

Opes Financial Planning Ltd were a financial advice firm based in Scotland.

Established in 2010, they were known as Money Advice Partnership Ltd until 2016 when they changed their name to Opes Financial Planning.

Opes Financial Planning Ltd are currently in liquidation and were declared in default by the FSCS in July 2020.

 

Opes Financial Planning Ltd and unsuitable Advice

The FOS upheld an unsuitable advice complaint against Opes in August 2018.

Mr Q complained about the advice he had received to transfer his existing pension plans to a SIPP which had 2 high-risk, unregulated investments – Merco Bonds and Storefirst.

Even though Mr Q had been referred to Opes for transfer advice, the Ombudsman said …

“… [Opes] still had an obligation to consider whether it was in his best interests and had an independent duty to give suitable advice…. To be able to advise in accordance with the rules, Opes had to understand the risks associated with the investments. Without this information it could not say whether the transfer was suitable or not.”

 

What is Pension Mis-selling?

A majority of pension mis-selling cases occur because of poor or negligent financial advice.

If a regulated company or advisor has recommended a product such as an investment or pension transfer that isn’t suitable for you or they didn’t adequately explain the risks involved, this may be mis-selling.

If you’d like to know if the advice you received may have been mis-sold, we may be able to help.

 

Get a free expert opinion

We offer a free assessment to help establish if the advice you received was suitable or not and if you have grounds to proceed with a claim for compensation.

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

1
Previously known as Money Advice Partnership Ltd
2
Declared in default by the FSCS in July 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.