PWH Financial Planning Ltd

If you received pension advice from PWH Financial Planning Ltd now’ s the time to check if that advice was suitable

PWH Financial Planning Ltd was a financial advice firm based in Leeds.

It also traded as WGN Wealth Management and Worsley Wealth Management.

The firm is now dissolved and was declared in default by the FSCS in December 2021.

British Steel Pensions Scheme

PWH Financial Planning Ltd is one of several advice firm associated with claims regarding the British Steel Pension Scheme (BSPS).

In 2017, BSPS members had to make decisions about their pensions as part of a restructure of the scheme.

Many members were advised to transfer into a private pension arrangement or Self-Invested Personal Pension (SIPP).

Around 8,000 members transferred with a collective value worth nearly £2.8bn.

 

Unsuitable advice to transfer

Unfortunately, this advice was not the best advice for most scheme members.

By transferring from a Defined Benefit (DB) pension, like BSPS, into a private pension arrangement many would have lost the benefits they had built up in the British Steel Pension Scheme.

To achieve the same level of benefits from their new plan may not have been realistic.

Many members are now seeking compensation for mis-selling due to this unsuitable pension transfer advice.

FSCS Claims against PWH Financial Planning Ltd

The FSCS confirmed that they had received six claims against the firm which related to pension transfers.

If you received pension advice from them now is the time to check if you have a case to claim compensation for mis-selling.

 

Need some help?

Our free initial assessment can tell you if we think you have a case and what you can do about it. It’s basically a brief chat with one of our friendly assessors who will happily answer all your questions and let you know where you stand.

We are mis-selling experts with years of experience assisting people with successful claims. See what our clients think about us on Trustpilot.

Key Facts

1
PWH Financial Planning Ltd is one of several advice firm associated with claims regarding the British Steel Pension Scheme
2
PWH Financial Planning is now dissolved and was declared in default by the FSCS in December 2021

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.