Jackson Francis Ltd

Jackson Francis Ltd was a Liverpool based sales company who persuaded more than 1,000 people to move their pensions and invest in Storage Pods.

A BBC expose revealed that Jackson Francis actively cold called people with “dormant pensions” to sell them the Store First investment.

Former salesmen admitted to “forging documents” and “..ticking of boxes on forms, which indicated investors were happy with a high level of risk – when the question had never been asked”

According to the report salespeople for Jackson Francis persuaded investors to part with pensions worth £100m.

Store First

Store First owner Toby Whittaker also reportedly paid £33m commission over a 2-year period to Transeuro Worldwide Holdings Ltd, which funded Jackson Francis Ltd.

He denied responsibility for the sales tactics used by Jackson Francis and stated they were not “employed to give financial advice, they are employed to explain the product”

 

Transeuro Worldwide Holdings Ltd

Transeuro Worldwide Holdings Ltd was controlled by former co-director of Store First Midlands Limited – Stephen “Mike” Talbot. Despite not formally being appointed a director of Transeuro, he accepted a 9-year disqualification undertaking in 2018 for failing to explain what happened to millions of pounds worth of assets.

Transeuro Worldwide Holdings Ltd also funded another introducer company called Sycamore Crown Ltd (Sycamore).

The directors of both these companies were disqualified after the Insolvency Service investigated them.  In relation to the Henley Retirement Benefit Scheme (HRBS) and Capita Oak Pension Scheme (COPS) they found that…

“… the introducers from both Sycamore and Jackson Francis misled clients about their expertise and experience, offering ‘guaranteed’ returns designed to encourage them to transfer their existing pension funds. As a result, more than £39m was paid into SIPPs, over £10m into COPS and more than £8m to HRBS.

Both of these schemes mainly invested clients’ money into Store First Ltd.

Jackson Francis entered liquidation in 2017.

 

Want to know more about making a mis-sold claim?

If you want to know more about making a mis-sold claim – get in touch!

We offer a free initial consultation to help you check if you have a case.

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

1
Jackson Francis reportedly cold called people with “dormant pensions” and persuaded them to invest in Store First
2
Store First is a high-risk investment which was unsuitable for most of these SIPP investors

We win more than 9 out of 10 claims

The cost of our service is 18% inc VAT on the total monies awarded for a successful claim

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.