Alhaurin Wealth Planning

Alhaurin Wealth Planning was a Spain based Introducer company created by Terence Wright.

Not regulated by the FCA to give financial advice, Alhaurin Wealth Planning still managed to persuade many UK investors they’d be better off if they transferred their pensions into high-risk investments by way of SIPPs.

GAS Verdant

GAS Verdant was one of these investments, involving the purchase of plots of Australian farm land with the intent to make money from the crops grown on it.

Unfortunately, it failed to deliver on the high returns promised to clients and was given a zero value by the FSCS.

SIPP operators Liberty SIPP and Stadia both accepted business from Alhaurin Wealth Planning so clients could invest in GAS Verdant.

However, these clients were not suitable for such schemes and as such jeopardised thousands of pounds of pension funds.

 

Terence Wright

Terence Wright has had an FSA warning against his name since 2010, advising firms to avoid doing business with him and that he may be “providing financial services or products in the UK without our authorisation.”

Other companies reportedly connected to Terence Wright include CL&P Brokers, PFR Services (Planning For retirement) and Cash In My Pension.

 

PFR Services (Planning For Retirement)

PFR Services (Planning For Retirement) also operating from Spain and was heavily involved in promoting Los Pandos (Swiss Capita) another unregulated and high-risk investment.

Stadia Trustees, Guardian GPC Ltd and Lifetime SIPP companies had Los Pandos in their SIPPS.

 

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Key Facts

1
Alhaurin Wealth Planning was based in Spain but targeted UK investors to invest in unsuitably high risk-investments like GAS Verdant
2
Terence Wright is reportedly connected to a number of unregulated marketing companies including CL&P Brokers and PFR Services (Planning For Retirement) who also promoted unregulated, high-risk investments

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