What you need to know about the Alexander David Securities Ltd. scandal

If you’re out of pocket after dealing with Alexander David Securities Ltd, you’re not alone. Since their collapse, lots of people have been left unsure about their pensions and investments.

The good news is you could be owed compensation. What’s even better? We’re here to help you figure it all out. With payouts reaching up to £355,000, taking that first step could make a huge difference.

Let’s see what happened with Alexander David Securities Ltd and how you can start getting things back on track.

This guide covers:

• Who were Alexander David Securities Ltd?
• Timeline of events leading to their failure
• Have you been mis-sold a pension?
• How to start your claim for compensation

Who were Alexander David Securities Ltd?

Alexander David Securities Ltd was a financial services firm that offered pension and investment advice across the UK, claiming to provide expert guidance. But over time, complaints started piling up about being steered towards high-risk investments that didn’t suit their needs or risk tolerance.

For some, this even led to major financial losses. In the end, the firm couldn’t withstand the hit to its reputation, and it eventually collapsed – leaving many clients out of pocket and with many questions about their financial future.

Timeline of events leading to Alexander David Securities Ltd’s failure

• 2010s – The firm began offering financial advice and investment opportunities.
• 2023 – Complaints grew surrounding poor advice and unsuitable investment recommendations.
• 2024 – The firm ceased trading, leaving clients with financial losses and unanswered questions.

What happened with Alexander David Securities Ltd?

Many turned to Alexander David Securities Ltd for safe and reliable financial advice. But reports show things didn’t always go as promised:

• Clients were pushed into high-risk pension transfers.
• Risks and fees weren’t clearly explained.
• High-pressure sales tactics were used to rush clients into decisions.
• Promises of high returns didn’t happen, leaving clients with big losses.

If this sounds familiar, you may have been mis-sold a financial product and could be entitled to compensation.

Have you been mis-sold your pension?

Not sure if you’ve been mis-sold a pension by Alexander David Securities Ltd? Ask yourself:

• Were you told to transfer your pension into a SIPP or another high-risk scheme?
• Did anyone properly explain the risks and fees involved?
• Did you feel rushed into making a quick decision?

Has your pension lost value or failed to grow as promised?

If any of these sound familiar, you might have a valid claim of compensation on your hands.

Don’t miss out on the compensation you deserve

If you’ve lost out due to mis-sold pensions or mis-sold investments, now’s the time to act. Every day you wait is one step further away from the compensation you deserve. Our experts at Spencer Churchill Claims Advice handle every step – from assessing your financial claim to submitting it for you.

Whether you’ve been mis-sold a SIPP, pension transfer, or risky investment, we make the process simple so you can focus on getting your money back.

How to start your claim for compensation

The Financial Services Compensation Scheme (FSCS) is handling claims against Alexander David Securities Ltd. While you can go directly to the FSCS, this can be tricky without any expert help. That’s where Spencer Churchill Claims Advice comes in.

We specialise in:

• Mis-Sold Pensions – We help you recover losses caused by poor financial advice.
• Mis-Sold SIPPs – If you were pushed into a risky Self-Invested Personal Pension, we’ve got your back.
• Mis-Sold Pension Transfers – If you were advised to switch pensions and lost money, we’ll help you reclaim it.
• Mis-Sold Investments and Bonds – We’re here to help you take back control if your investments didn’t perform as promised.

How we can help get your money back

Here’s how our team can support you:

• Review your Case – We’ll look at your situation to see if you’ve got a strong claim.
• Handle the paperwork – From gathering evidence to filling out forms, we’ve got it covered.
• File your claim – We’ll liaise with the FSCS or other organisations on your behalf.
• Maximise Your Compensation – Our goal is to get the best possible outcome for you.

Ready to get back what you’ve lost? Start your claim today

Don’t let mis-sold pensions or bad investment advice cost you any more than it already has. Your savings and your future matter. Our team is here to help you file a strong financial claim and fight for the compensation you’re entitled to. We’ve helped clients reclaim thousands – and you could be next. Take the first step today with a free, no-pressure chat.