Did you work with Intelligent Wealth Management Partnership Ltd on your pension? You could be owed compensation.

If you had a pension with Intelligent Wealth Management Partnership Ltd (IWMP), you might be wondering if everything was handled properly – or if you’ve lost money without realising it.

With the firm officially declared in default, many former clients are now realising they were mis-sold pension transfers. Could you be one of them?

Here’s everything you need to know:

Need to know more first? Here’s our guide to Frobisher Capital Ltd:

• Who are Intelligent Wealth Management Partnership Ltd?
• What did the complaints and reviews say about IWMP Ltd?
• Was IWMP Ltd. a scam?
• Think you may have been mis-sold your pension?

Who are Intelligent Wealth Management Partnership Ltd?

Established in 2011, IWMP Ltd. specialised in pension transfer advice, including Self-Invested Personal Pensions (SIPPs). In September 2021, the FCA revoked their authorisation. Fast forward to March 2024, and the company was dissolved, leaving clients confused, frustrated, and very concerned about their financial futures.

Who owns Intelligent Wealth Management Partnership Ltd?

Intelligent Wealth Management Partnership Ltd was privately held – though we suspect the owners might prefer to stay under the radar these days. After losing FCA authorisation, the owners conveniently vanished – right as client pension pots began shrinking.

What does this mean for you?

Not every IWMP Ltd. client was mis-sold their pension, but many were – and there’s a chance you were offered bad advice that affected your financial future. For example, you may have been encouraged to move your pension into high-risk investments without any risks being fully explained to you. If this sounds familiar, we bring good news.

The Financial Services Compensation Scheme (FSCS) has stepped in to help people like you recover their money. It’s important to note that, because IWMP Ltd. has dissolved, the maximum amount you can claim is £85,000, but that’s still a major sum of money to have in your back pocket! Even if you’re unsure, it’s worth checking – your retirement could be at stake.

What did the complaints and reviews say about Intelligent Wealth Management Partnership Ltd?

If you look online for long enough (which is not that long at all), you’ll find a large number of IWMP Ltd. complaints and reviews regarding fees and poor advice. Here are the main complaints that former clients have reported:

• Surprise fees and hidden costs – Charges appearing seemingly out of nowhere that ate into people’s savings.
• Misleading advice – Being convinced to transfer secure pensions into high-risk, questionable investments.
• High-pressure sales tactics – Being hurried into life-changing financial decisions that impacted them negatively.
• Unsuitable investment advice – High-risk, unregulated funds draining client pensions at lightning speed.

Any of this sound familiar? You could have a valid mis-sold pension claim.

Speak with a member of the Spencer Churchill Claims Advice team today for a quick consultation.

Was IWMP Ltd. a scam?

IWMP Ltd. may not have been a scam in the classic sense – they were regulated at one point, after all – but they have caused major financial harm to many of their clients in the same way that scams do.

Think you may have been mis-sold your pension?

If alarm bells are starting to ring about financial advice you received from IWMP Ltd., think back on conversations you had with them – does any of this sound familiar?

• You were advised to transfer your secure pension into a high-risk or unregulated investment.
• You weren’t told about fees or hidden charges that soon chipped away at your savings.
• Your adviser didn’t make you aware of any potential losses, tax implications, or market instability.
• You were promised high returns. All investments carry risk, and high returns are rarely guaranteed.
• You felt pressured into transferring without enough time to consider your options or get a second opinion.

It costs nothing to find out if you were mis-sold by IWMP Ltd. Just get in touch today, and we’ll handle all the hard work for you.

How to make your claim with Spencer Churchill Claims Advice

We specialise in handling mis-sold pension claims across the UK. So, not only can you get your money back, you can rest assured you won’t lose a second of your life to tedious paperwork or phone queues. We promise to:

• Review your claim for free (honest opinions, zero fluff).
• Handle all paperwork and negotiations.
• Fight your corner to get the biggest payout possible.
• Not charge a penny unless you win your case – no win, no fee.

Let’s sort this mess out together. Give us a quick call on 01204 929929 or fill out our online enquiry form to find out if you have a claim – it’s free to check, and we handle everything for you.