Strategic Wealth UK Ltd

If you received advice from Strategic Wealth UK Ltd you may want to check if you should be claiming compensation for mis-selling.

Strategic Wealth UK Ltd provided advice services on products such pensions and transfers.

Established in 2008 as Gibro Wealth Ltd, they became known as Strategic Wealth in 2013.

 

FCA Restrictions and Strategic Wealth UK Ltd

FCA restrictions were placed on Strategic Wealth UK Ltd in 2016. The firm was told to “Immediately cease all pensions business and pension related business… until such time as a Skilled Person appointed”

They were also ordered not to “..dispose of deal with or diminish the value of any of its assets without the prior consent of the FCA”

This also applied to their appointed representative, Synergy Wealth Ltd.

In December 2017, Strategic Wealth UK Ltd was told to immediately cease all regulated activity.

 

QROPS Schemes

Strategic Wealth UK partnered with specialist offshore advisers based in Gibraltar to provide QROPS services.

QROPs schemes are designed for people who are wishing to retire abroad and want to take their pension with them. They have been abused by financial advisers who have negligently used them as a vehicle to sell high-risk investments rather than the intended purpose.

It can be difficult to claim for mis-sold QROPS advice. The advice you received must be proven to be from a UK regulated firm or individual.

 

Latest on Strategic Wealth UK Ltd

They are currently in liquidation and were declared in default by the FSCS in April 2018.

The FSCS usually does this when they are satisfied there are protected claims against the firm which they would not be able to pay.

 

FSCS Claims

FSCS Claims brought by Strategic Wealth customers for mis-sold advice are currently being investigated relating to the Optimus Retirement Scheme.

There is a lack of evidence to suggest the advice clients received came from Strategic Wealth UK Limited. The FSCS said in an update earlier this year that…

“.. it appears to have been provided by SW being the Gibraltar-based entity and therefore outside the FSCS’ jurisdiction to protect claims.”

However, despite this the FSCS also stated they will consider claims from any customers of Strategic Wealth UK Ltd who feel they have received negligent pension advice to transfer into the Optimus Retirement Scheme.

Worried you may have been mis-sold?

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

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.

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.

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

Key Facts

1
Previously known as Gibro Wealth Ltd
2
Declared in default by the FSCS in April 2018 and are currently in liquidation
3
Mis-sold advice claims relating to the Optimus Retirement Scheme are currently being investigated by the FSCS

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.