Holborn Assets scandal: What you need to know

Holborn Assets has been in the spotlight for all the wrong reasons, leaving many people worried about the safety of their pensions and financial investments.

They have faced growing complaints of mis-sold pensions and poor financial advice, which has caused major financial losses for many of its clients.

If you’re concerned Holborn Assets mis-sold your pension, you’re not alone. But the good news is, you could be owed compensation. The expert team at Spencer Churchill Claims Advice are here to help recover your money and get back on track.

Let’s take a closer look at what happened with Holborn Assets and how you can start the process of making your own claim.

This guide covers:

• Who were Holborn Assets?
• Who owned Holborn Assets?
• What is pension release?
• Was Holborn Assets safe?

Who were Holborn Assets?

Holborn Assets was a financial services firm that offered clients a range of services, including pension advice, investment opportunities, and wealth management. They built their reputation on offering financial planning to expats and professionals looking to secure their financial futures.

But over time, concerns have been raised about how Holborn Assets handled pension transfers and investment advice. There were many reports of clients being advised to move their pensions into high-risk, unsuitable investments, which put their retirement in danger.

Who owned Holborn Assets?

Holborn Assets was a privately owned company that operated worldwide, including South Africa, Saudi Arabia, and the UK.

Headquartered in Dubai, it catered mainly to expats looking for financial advice while living overseas. Despite its global presence and years in the industry, the company’s reputation has been damaged by a number of complaints of poor advice and mis-sold financial products.

Many clients trusted Holborn Assets to provide safe and reliable advice, only to find out their pensions were placed in risky investments without fully understanding the implications.

What is a pension release?

A pension transfer involves moving your pension savings from one scheme to another with the intention of getting better returns or great investment control.

Holborn Assets promoted pension transfers to many clients, advising them to move their existing pensions into new schemes, like Self-Invested Personal Pensions (SIPPs) or offshore pension plans.

While pension transfers can be helpful in some cases, many clients were encouraged to move their pensions into high-risk investments that didn’t match their financial goals or risk tolerance.

If you were encouraged by Holborn Assets to release your pension savings without fully understanding the risks, this might be a sign of mis-selling, and you could have a claim. Get in touch with the team at Spencer Churchill Claims Advice now to get your money back.

Was Holborn Assets safe?

Given the number of complaints and reports of mis-sold investments and pensions, many people have lost trust in Holborn Assets. They have been accused of providing poor financial advice, placing clients in high-risk investments, and failing to explain the risks involved.

If Holborn Assets mis-sold your pension or investment and you’re facing losses, you could be owed compensation. Some signs of mishandling include:

• The promise of high returns that never came through
• No explanation of risk
• High-pressure tactics used to rush you into a decision
• Unsolicited calls about your pension
• Your pension has stopped growing or lost value

If any of these sound familiar, it’s time to take action. Claiming compensation could help you recover the money you lose and get your retirement back on track.

Join the hundreds of people who got their money back through Spencer Churchill Claims Advice.

Get your pension back today!

If you think you’ve been affected by Holborn Assets and their poor financial advice, don’t wait. You could be entitled to claim back the money you’ve lost.

The team at Spencer Churchill Claims Advice is here to help you understand your rights and guide you through the financial claims process. And don’t worry about having to make a decision here and now – our consultations are completely obligation-free.

Don’t wait around worrying about your pension – if Holborn Assets has mis-sold your investment or pension, it’s time to take action and get your money back.

Speak to a claims expert today and take the first step to a secure retirement.