Greyfriars Portfolio Six

If you invested in Greyfriars Portfolio Six (P6) you may want to check if you should be claiming compensation for mis-selling

Greyfriars Asset Management were a SIPP provider company that were also authorised to provide financial advice and Discretionary Fund Management (DFM) services.

Discretionary Fund Management usually involves a fund manager building a portfolio of investments tailored for you.

Greyfriars DFM used the Novia platform to allow investors into their Portfolio Six (P6).

Greyfriars Portfolio Six

The now defunct Portfolio Six (P6) received a lot of media attention. No doubt due to the fact it featured several high-risk ventures which were unsuitably marketed at SIPP  investors.

These investments included

  • The Resort Group (who were part of a BBC Panorama documentary)
  • Lanner Car Parks
  • The Olmstead Series.

In 2016 they were requested by the FCA to stop accepting new money into their DFM Portfolios, in particular Portfolio Six, on a permanent basis.

DFM Mis-selling

Unfortunately, many cases of pension mis-selling occur as a result of low risk investors ending up in unsuitably high risk investments.

In fact, in 2017, the FCA sent out a warning to SIPP providers, advising them how some DFM portfolios might be putting investors at risk. This was because they contained high-risk, non-standard investments which may not be suitable for that client’s risk profile.

Consumer Wealth

Financial advice firm Consumer Wealth were identified as a distributor of Portfolio Six. They also reportedly advised many clients to switch their personal pension into SIPPs and some into non standard high-risk investments which became illiquid. Consumer Wealth are currently in liquidation after receiving complaints for mis-selling.

Foreman Financial GraingerCo advised clients into SIPPs which contained unsuitable high-risk investments including Portfolio Six.

Get a free expert opinion on Greyfriars Portfolio Six

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

Portfolio Six was operated by Greyfriars Asset Management who provided advice, SIPP and DFM services before they went into administration in 2018
Advice firm Consumer Wealth were identified as a distributor of Portfolio Six
Portfolio Six contained high- risk, non standard investments which are considered unsuitable for the average investor

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.