Premier Childrens’ Services Investment Claims Guide
We’ll have a specialist call you back for a no obligation chat about your financial claim
A Premier Childrens Services investment sounded like a great plan, especially with the way in which it was sold to some SIPP investors, usually through a cold-call offering a free pension review.
But in reality, Premier Childrens Services was a high-risk investment, that while offering high returns or between 8% and 10% interest depending on how much was invested, posed a risk to people if they were not truly suitable for such a high-risk investment. On the 14th November 2016, Premier Childrens Services entered into administration, prompting calls from concerned investors to Spencer Churchill Claims Advice for help in getting their pension money back.
We’re happy to say we have experience with many of the cases we took on, all on a no upfront costs, always against the negligent financial advice of a regulated adviser, who should have known better than to recommend a pension transfer to a SIPP, and an investment in PCS without proper due diligence checks.
If YOU invested in Premier Childrens Services, you’re entitled to a FREE Initial Assessment with our experienced Claims Handlers to see if you can make a claim too.
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
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.
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Can You Claim For Premier Children’s Services Mis-Selling Compensation?
If you:
- Transferred your pension to a SIPP
- Invested in PCS or other 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.
PCS Timeline Of Events
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Formation And Investments
2012
Formed on the 17th May 2012, Premier Childrens’ Services was set up as a holding company to fund several child care facilities…Premier Children Services described itself as an exciting new social care service with desires to become an innovate market leader in the world of children’s social care, and sought investments through what is known as a “Loan Note” for either 3 or 5 years, in return for some healthy looking returns:
Example 1. £0-99,000 Investment: 3 years = 8% Interest 5 years = 9% Interest
Example 2. £100,000 + Investment: 3 years = 9% Interest 5 years = 10% Interest -
Administration & Fallout
2016
Considering it is now clear some investors were not suitable for such a high-risk investment, PCS going into administration sounded like bad news…
While around 220 SIPP investors had their money wrapped up in Premier Childrens Services, it went into administration.
At the time, at least one SIPP provider wrote a letter to Premier Children Services clients, which stated:
“Please be aware that, given the circumstances, no further payments are now expected from PCS.
Therefore, if you were anticipating any sort of capital or interest payment into your SIPP which has not been received by 15 November 2016, it is unlikely that this will be paid.”Minutes from a board meeting detailed the “”financial difficulties of the company” and that “the company is or is likely to become unable to pay its debts”.
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Move To Dissolution
2018
In November 2018 Premier Chidrens Services moved from being in administration towards a dissolution.
PCS Related Claims
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