Foreman Financial Services / Graingergo Claims
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Financial advice firm Foreman Financial Services Limited, which traded as Grainger Co from their Tunbridge Wells office, is now No-Longer Authorised by the Financial Conduct Authority as of late October 2017, meaning it can no-longer carry out regulated activities such as providing clients with financial advice.
Furthermore, a notice replacing the front-page of the Grainger Co website told visitors that “Foreman Financial Services LTD (trading as Grainger Co Financial Services) has permanently ceased trading”.
In FOS decision DRN9652493, a complaint against Foreman Financial Services Ltd was upheld regarding their advice to a Mr S to invest in high-risk property investments through a SIPP without properly assessing whether the investment was suitable for him.
Do you have a similar story? Let’s find out if you can make a claim with a FREE initial assessment.
Can You Make A 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.
This includes advice given by Graingerco.
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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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.
Foreman Financial Services Mis-Selling
The team at Spencer Churchill Claims Advice are currently looking into the circumstances surrounding Grainger Co’s closure and change in FCA authorisation status, and are looking for former and current clients of Grainger, particularly those who took advice to enter into a SIPP (Self-Invested Personal Pension).
Spencer Churchill Claims Advice operate a FREE and NO-OBLIGATION pension advice check, which tells you whether we think there may have been a problem with the pension advice you received, and whether you may be able to make a claim with no upfront costs.
Please note: No Win – No Fee*: Successful claims made through Spencer Churchill Claims Advice are subject to the Success Fee, charged as per your terms of business and engagement letter of any monies awarded to the claim. Clients have a 14 day “Cooling-Off” period during which time they may cancel at any time without charge. After this time, cancellation will result in the application of the Cancellation Fee.
*Figures calculated before deduction of Success Fee and taxes
Graingerco Timeline
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Foreman Financial Services
2003
It all begins in 2003 when Foreman Financial Services starts trading, with GraingerCo financial services as a trading name.
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Ombudsman Complaints
2016
In September it was revealed that Foreman Financial Services gave a Mr S advice back in 2011 about investing a SIPP pension in now troubled and infamous investment Harlequin property.
The complaint was upheld and published.
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Portfolio Six
2017
Another high-risk investment (or rather a portfolio of investments created by Greyfriars) becomes involved GraingerCo told Mr N to invest in it through his pension in 2014.
Again, the FOS upheld the complaint against GraingerCo.
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Withholding Compensation
2018
In 2018, it was reported that the watchdogs at the FCA had cancelled GraingerCo’s permissions to give pension advice, after it had refused to pay compensation it owed a former client.GraingerCo could no-longer conduct regulated activity.
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Declared In FSCS Default
2018
In September 2018, Foreman Financial Services was declared in Default with the FSCS, meaning that the FSCS will consider paying claims for formed clients of the firm, and will pay them if successful.
The firm was dissolved on 31 July 2018 by voluntary strike-off.
Related To Graingerco
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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Tuesday: 8:00am–6.00pm
Wednesday: 8:00am–6:00pm
Thursday: 8.00am–6.00pm
Friday: Office Closed