Consumer Wealth Management Pension Claims Guide
We’ll have a specialist call you back for a no obligation chat about your financial claim
Financial advice firm Consumer Wealth Ltd formed in 2014 up in the North of England, and is known to have been involved with my incidences of perceived cold-calling about pension reviews.
Free pension reviews can sometimes be legitimate, but they were often an excuse to get somebody talking about their pension, with a view to transferring it, earning marketing companies and financial advisers some big fees and commissions.
In many cases, IFAs and Advisers would persuade people to invest directly in high-risk investments, usually overseas.
However in recent years, money was often instead directed towards DFMs: companies that build portfolios of investments, that may contain high-risk bonds that may be disguised under a friendly sounding name.
While details about Consumer Wealth Ltd and the reasons for the solvent liquidation are scarce, it is know that as of Dec 2018, Consumer Wealth Ltd is in solvent liquidation, and have applied to cancel their authorisation to give pension advice with the FCA.
If you made changes to your pension with Consumer Wealth Ltd, you may be able to make a mis-sold pension claim.
Can You Make A Consumer Wealth Ltd Claim?
Several financial advisers and the FSCS have been paying out compensation for mis-selling investments via SIPPs and SSASs for a few years, with Spencer Churchill Claims Advice often leading the claim on a No Win – No Fee* basis.
If you:
- Transferred your pension to a SIPP
- Made high-risk investments
- Aren’t earning over £100k per year
- Aren’t a Sophisticated Investor
Then you may have been mis-sold, and you could be able to make a claim for negligent SIPP advice.
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We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.
When you get let down by someone you thought you could trust, it can leave its mark on you, emotionally and physically.
We are committed to transparency and fairness in the way we conduct with clients, including how we charge for our claims services.
Consumer Wealth Ltd Timeline
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Company Formed
2014
Consumer Wealth Ltd forms on the 4th December 2014 in Gateshead, North East.
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Reported Cold-Calls
2016
Comments on popular finance blog moneysavingexpert mention ‘Consumer Wealth Limited’ – a company reported to have called at least one person in order to review their pension. The original poster reported a “pretty hard sell”.
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This Is Money
2017
Tony Hetherington writes for the Financial Mail on Sunday and This Is Money, and in 2017 investigated a company that cold-called a reader about their pension. The firm, Pension Safe, which is a trading name of Knight Meade Limited based in Bury, was used to ‘drum up’ business for Consumer Wealth Limited.
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Liquidation
2018
A notice was finally placed in The Gazette that liquidators from RSM Restructuring Advisory LLP were now appointed to Consumer Wealth Ltd as part of a member’s liquidation.The FCA register records the firm as having ‘applied to cancel’ as of January 2019.
Related To Consumer Wealth Ltd
SOPHISTICATED INVESTOR
Do you have a wealth of knowledge and experience in investing?
HIGH NET-WORTH 1
Do you earn in excess of £100,000 per annum?
HIGH NET-WORTH 2
Or do you own £250,000 worth of investable assets?
Do you know how people complained about mis-sold investments and pensions in the last year?
A lot. Over twenty thousand complaints were made about mis-sold pensions and investments in 2020/21, a figure which had doubled since the year before.. It’s no secret how serious this problem is, and it just seems to keep getting worse.
Have you been a victim of financial mis-selling?
Reaching out for help is never easy,
especially if you’ve been misled in the past.
But getting in touch with us won’t commit you to anything. We want to toss you a lifeboat and guide you through the choppy waters of the financial ocean, not leave you struggling to stay afloat. Our experts are here to offer advice and support on financial claims. We know what we’re doing and you can trust that if you’ve got questions, we’ve got answers.
Spencer Churchill Claims Advice featured on:
Spencer Churchill Claims Advice Will:
- Speak to you in plain English
- Provide you with a dedicated claims specialist
- Pay attention to the small details of your case
- Keep you up to date with the status of your claim
- Make sure you understand our charges
- Do absolutely everything we can to win your claim
How does our claims process work?
With millions of mis-sold pensions reported, it’s worth finding out if you can get your money back. Here’s how our simple process works:
What types of claims do we handle?
Find out how much you could claim today
Ready to take the next step? We’re here with clear, no-pressure advice. Give us a call today to find out if you have a valid claim
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Monday: 8:00am–6:00pm
Tuesday: 8:00am–6.00pm
Wednesday: 8:00am–6:00pm
Thursday: 8.00am–6.00pm
Friday: Office Closed