Thomson Brown Financial Management Ltd

Did you received advice from Thomson Brown Financial Management Ltd? If so, you may want to check if you should be claiming compensation for mis-selling. 

Thomson Brown Financial Management Ltd were a financial advice firm based in Dalkeith Scotland.

Established in 2007 they were previously known as David Brown Financial Services Ltd and also traded as Audley Asset Management.

They applied to have its FCA permissions cancelled in March 2021. According to companies house the company dissolved on 22nd June 2021.

The FSCS have now declared Thomson Brown Financial Management Ltd in default.

Unsuitable advice complaints

Unsuitable advice complaints were upheld by the Financial Ombudsman Service earlier this year. These complaints related to pension transfer advice given by Thomson Brown Financial Management and Newport Financial Management LLP. Newport Financial Management LLP were an Appointed Representative of Thomson Brown Financial Management Ltd.

The firm is no longer registered with the FCA as Appointed Representative agents of an authorised firm and the company was dissolved in 2019.


What is Unsuitable Pension Advice from Thomson Brown Financial Management?

Unsuitable pension advice is at the heart of most mis-selling cases and quite often involves a transfer from a personal pension into SIPP.

Unfortunately, the investments within these SIPPs turn out to be high-risk and unregulated. These types of investments are generally only considered suitable for certain investors who:

  • Understand the risks involved
  • Can afford the risks involved
  • Have investment experience or knowledge

People being advised to invest in schemes that do not match their attitude to risk is a common factor in many mis-selling cases.

The transfer itself may also be ill-advised if the client would have been better off staying in their existing pension scheme.


Want to know more about mis-sold pension advice?

If you are concerned about the advice you received from them and want to check if it may have been unsuitable (mis-sold) we offer a free initial consultation.

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.

See what our clients have to say about our service on Trustpilot.

Key Facts

Complaints were upheld by the Financial Ombudsman Service earlier this year relating to pension transfer advice
The firm has dissolved, however you may still be able to make a claim if you've been mis-sold

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
Pension Claim Consulting Ltd ...have for me done a great job ...within the expected time scale ...Couldn't have asked for more
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
Fantastic service, so impressed with Pension Claims Consulting. None stop updates throughout and everyone who works there was so helpful and supportive in every way. Thank you so much for getting my pension back.
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.