While many financial advisers are happy to give provide their clients with pension advice, not every company gives suitable advice 100% of the time, meaning that some clients may be worse off or put at risk because of this.
Serenus Consulting Limited is one firm that is known to have given unsuitable pension advice in the past, having been found at fault by the Financial Ombudsman over advice it gave to Miss S over the transfer of an occupational pension into a SIPP, with investments in Store First Ltd – an unregulated, high-risk investment.
Miss S was giving up a pension with guaranteed benefits, too.
In case DRN0463672, Miss S was cold-called by a marketing company, and introduced to Serenus Consulting Limited to receive advice. The advice was determined to be unsuitable by the FOS and the company was told to pay compensation.
Now, Serenus has applied to cancel it’s FCA authorisation, and has a note on its register entry to say that it much cease all regulated activities.
If you took pension advice form Serenus Consulting Limited, then you may have been mis-sold. Contact the team at Spencer Churchill Claims Advice to see if you can make a mis-sold pension claim.Get started now
Thousands of people are realising that their transfers into SIPP pensions were mis-sold, and that includes some of the former clients or Serenus Consulting Limited.
Then you may have been mis-sold, and you could be able to make a claim for negligent SIPP advice.
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According to the sub-status of the firm on the FCA register, Serenus applied to cancel it’s permissions in October 2017.
Serenus enters into a CVA (Corporate Voluntary Arrangement)