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Designed 4 Life Ltd pension claims

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A Portsmouth based IFA called Designed 4 Life Limited has added another name to the list of IFAs to enter liquidation with THREE upheld Financial Ombudsman Service complaints relating to SIPP advice, and potentially more claims on the way!

The complaints against advice from Designed 4 Life were all related to the transfer of a pension into a SIPP with a Harlequin Properties investment – a familiar name to those in the industry and an example of just what can go wrong with high-risk investments not regulated by the FCA – now valued at £1.

But through our work, we know that Harlequin Properties wasn’t the only high-risk and unregulated investment through SIPPs that Designed 4 Life advised on, and it could be that there are lots more people out there have been sold an unsuitable pension setup that could lose them their retirement fund.

It it time to get your advice checked…?

Can you make a Designed 4 Life 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.

This includes for advice given by Designed 4 Life Ltd.

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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Designed 4 Life Ltd timeline

  • Company founded

    2002

    Designed 4 Life Ltd began in Southampton in 2002, although for the first 3 years it was called Curtis Independent Limited.

  • Mis-Sold pensions

    2016

    In May 2016 it was revealed that the FOS had upheld 3 separate complaints against Designed 4 Life Ltd.

    All 3 complaints involved moving money into SIPPs and investing in high-risk Harlequin Properties.

  • Insolvency

    2016

    Just 2 months after the FOS made its decisions regarding mis-selling, Designed 4 Life Ltd entered into insolvency proceedings, resulting in a Creditor’s Voluntary Liquidation.

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.

People receive poor financial advice every day. Sometimes they don’t even realise that they’re owed whopping amounts of compensation.
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Have you been a victim of financial mis-selling?

Answer a few questions and find out if you have good grounds to make a financial compensation claim:

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Were you told to invest all, or most, of your savings into a single product?

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.

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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

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

Call: 01204929929

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

Find out how much you could claim. Fill in the form, and we’ll get back to you with free, no-obligation advice.
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