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J Richfield T/As Sovereign Financial Services Claims

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Former clients of financial advisers J Richfield t/as Sovereign Financial Services may be interested to know that as of the 30th of May 2017, the firm is in liquidation, with Vincent John Green and Mark Newman as Joint Liquidators of the IFA.

Further to that, the Financial Conduct Authority – the FCA – has told J Richfield t/as Sovereign Financial Services “not to undertake UCIS Activities”, before later cancelling their authorisation all together.

The team at Spencer Churchill Claims Advice have experience that J Richfield t/as Sovereign Financial Services mis-sold pensions to many of their clients, often involving unregulated land-banking schemes invested through SIPP pensions.

Now, some people are waking up to the poor advice that was sometimes given by J Richfield t/as Sovereign Financial Services and making mis-sold SIPP claims to recover some or all of the money they had earmarked for retirement.

If you’re one of them, speak to the team at Spencer Churchill Claims Advice to see if you can make a claim for pension mis-selling on a No Win – No Fee* basis.

Can You Make A Sovereign Financial Services Claim?

Our team have experience with negligent pension advice given by J Richfield t/as Sovereign Financial Services, and with the firm now in liquidation, the FSCS may be able to pay out compensation for successful claims against J Richfield t/as Sovereign Financial Services.

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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SJ Richfield T/As Sovereign Financial Services, UCIS Investments And SIPPs

UCIS investments can be a problem if you’re not suitable for them. Unregulated Collective Investment Schemes are NOT under the jurisdiction of the FCA, meaning that investors don’t get any help from the Ombudsman or FSCS when they go wrong.

Both Carbon Credits Schemes and Land Banks like the Cadnam Plot are classic examples of high-risk investments that could (and often do) destroy people’s pensions, and both of these investments are known to have been on the books for some J Richfield t/as Sovereign Financial Services clients.

If you invested, you may still be able to begin the mis-sold pension claims process.

Sovereign Financial Services Timeline

  • Intro Capital

    2005

    Intro Capital – the firm that would later involve the Cadnam Plot investment begins.

  • Company Formed

    2010

    J Richfield t/as Sovereign Financial Services was officially registered by the 23 July 2010 in Aylesford, Kent.

  • Insolvency

    2017

    J Richfield t/as Sovereign Financial Services goes into insolvency proceedings, resulting in a Creditor’s Voluntary Liquidation

  • Intro Capital Liquidation

    2018

    Intro Capital Limited goes into liquidation too.

Related To J Richfield T/As Sovereign Financial Services

Sovereign Financial Services FAQ’s

What Is J Richfield Ltd?

J Richfield Ltd was the actual name of the financial advice firm that traded as Sovereign Financial Services. It is quite common for a company to have a trading name or trading style, but officially, the firm as J Richfield Ltd.

Why Land Banks And Carbon Credits?

We may never know why Sovereign gave unsuitable advice to their clients to invest in High-Risk investment schemes like Land Banks and Carbon Credits.

We do know that other advisers that have done the same may have benefited from high-end commissions: kick backs from the investment companies to funnel business their way, but as for Sovereign, we simply don’t know.

Either way, the advice was unsuitable, and if you did the same, you may be able to make a claim.

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.

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
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  • Do absolutely everything we can to win your claim

Find out how much you could claim today

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