Did your personal finance advisor advise you to transfer your retirement savings from a secure scheme into an unregulated Sipp? Did you lose your money in a Sipp that included stocks in Walsall Burial? You may have been mis-sold Sipp pension funds.
Walsall Burial plots were a common inclusion in Sipp funds – many UK investors were duped into making this switch. If you lost money investing in Walsall Burial, you could be entitled to mis-sold Sipp compensation.
Walsall Burial is a typical example of an investment scheme ‘gone wrong.’ Even though clients were promised hefty returns, the product was actually extremely risky and was a part of mis-sold Sipp pension funds. So, what happened with this burial plot scheme?
Simply put, Walsall Burial was unregulated by the FCA (Financial Conduct Authority), which allowed financial advisors to bend the truth in order to make the sale. Advisors wove rich tales of huge returns in short periods of time when in reality, they knew this was a longshot. As a result, thousands of people were convinced to move their retirement savings from secure and reliable pension schemes to mis-sold Sipp pension funds.
If you ever invested in Walsall Burial, you could be entitled to mis-sold Sipp compensation from the FSCS. Walsall Burial is no longer trading, and they cannot pay you any of the returns that they owe you. However, you could recoup some of your losses if you were mis-sold Sipp products.
Now is the time to get in touch with our claims team. Our mis-sold Sipp experts will assess your case and determine if you are eligible for compensation. Apply online today for an information pack to learn more.
If a financial advisor advised you to invest in an unregulated investment such as Walsall Burial, it is still possible to claim compensation. Where the advisor is still operating, a claim can be pursued against the financial advisor via the Financial Ombudsman Service (FOS).
If an advisor is no longer operating, the Financial Services Compensation Scheme (FSCS) pays compensation for valid mis-selling claims against any financial advisor who has been declared in default by them.
If your pension included investment in Walsall Burial, you could be entitled to compensation.Apply Now
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The Financial Conduct Authority (FCA) has identified ‘serious and ongoing failings’ by both Individual Financial Advisers (IFAs) and Self-Invested Personal Pension Providers. Typically, mis-selling is related to the “wrong” type of investor being given poor or misleading advice as to what investments were relatively safe and right for them. In this summary, we look at What a SIPP is, and how they have been mis-sold, together with the FCA’s review into sector malpractice.Click to Read
Pre complaint investigation and analysis. No paperwork? Don't Worry! We could still help.
Once we've assessed claim prospects, we make a pension complaint to the Ombudsman or FSCS, where appropriate
Pension complaint response received. We'll carefully analyse the response and advise you on how to proceed.
If appropriate resolution cannot be reached with a live firm, and we disagree with their stance, we will refer the claim to Ombudsman on your instruction.
Allegiant always aligns great value with exceptional service. This winning formula has seen us emerge as one of the UK’s pre-eminent Claims Management Companies in recent years. See why Allegiant is a great choice below. *All information correct as at 28 August 2021.
How our fees work in practice:
• Compensation is £1,000, the fee is £150 plus VAT £30. This means the amount payable to us is £180 leaving you with the benefit of £820.
• Compensation is £3,000, the fee is £450 plus VAT £90. This means the amount payable to us is £540 leaving you with the benefit of £2,460.
• Compensation is £10,000, the fee is £1,500 plus VAT £300. This means that the amount payable to us is £1,800 leaving you with the benefit of £8,200.
NB. It is possible that our fee may become payable before you have access to your pension or investment which may result in you having to pay our fee from your own funds.
You can cancel for free at any time within 14-days without giving any reason and without incurring any liability. You can communicate your cancellation by telephone, post, email or online.
You can cancel this agreement at any time after the 14-day cancellation period. However, if a complaint submitted by us is successful, the Success Fee will apply in the usual way.
You can cancel by post: Allegiant Finance Services Limited, Freepost RTYU–XUTZ–YKJC, 400 Chadwick House, Warrington Road, Birchwood Park, Warrington, WA3 6AE; (b) by email: firstname.lastname@example.org; (c) by telephone: 0345 544 1563; or (d) online at https://allegiant.co.uk/legal/cancellation.
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Our fees compare favourably to competitors. We actively encourage you to shop around.
We could still help if you don’t have all your paperwork or details. Our team are experienced in helping locate paperwork where possible.
Our online application system and claim audit surveys enable us to offer an efficient and convenient claims journey.