Cumulus Investment Management claims guide
We’ll have a specialist call you back for a no-obligation chat about your financial claim
Did you take advice from Cumulus Investment Management Limited to transfer to a SIPP Pension and invest in Ukrainian Property?
If you did, you might find yourself with a story to tell, but first, let us tell you a few other stories about Cumulus Investment Management, straight from the Financial Ombudsman Service themselves, with no less than 10 complaints upheld against Cumulus Investment Management to invest in the Ukrainian Property Fund, including a failure to declare a conflict of interest…
If you were advised to invest in Cumulus’s Ukrainian Property Funds through a SIPP pension, you may be able to make a claim for a mis-sold pension.
Can you make a Cumulus Investment Management claim?
The Ombudsman has already caught Cumulus Investment Management out for the mis-selling of the Ukrainian property fund, and you may be able to make a claim too.
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.
Request a free call-back
Fill in your details below to have a no obligation chat about your situation
Let’s rewrite your financial story
We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.
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.
Cumulus Ukraine conflict of interest
FOS Decision DRN9590227 says that:
“The Cumulus Property Fund invested in a limited number of properties. These were all in Eastern Europe. It was an unregulated fund which brought its own risks […] The prospectus sets out that the fund was established with 100 ordinary shares that would be owned evenly between two individuals. Both of these individuals were also directors of Cumulus Investment Management Limited […] Clearly, the directors stood to gain by increasing the value of the fund. So it’s clear Cumulus Investment Management Limited and its directors had a financial interest in the fund and therefore directly benefit from a capital inflow”
Financial Page Ltd timeline
-
Company formed
2009
Cumulus Investment Management was formed in October 2009 in Cardiff, with Directors Cefyn John Stephens, and Andrew Lucas.
-
FOS complaints
2017
Feb and March 2017 brought a flurry of claims made against Cumulus Investment Management, many of which were upheld against the firm, forcing it to pay compensation if it could.
-
Company dissolved
2017
June 2017 came around, and Cumulus Investment Management was no more.
Related to Cumulus
Sophisticated investor
Do you have a wealth of knowledge and experience in investing?
High net-worth earner
Do you earn in excess of £100,000 per annum?
High net-worth investor
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
Office hours:
Monday: 8:00am–6:00pm
Tuesday: 8:00am–6.00pm
Wednesday: 8:00am–6:00pm
Thursday: 8.00am–6.00pm
Friday: Office Closed