Diamonds are known for being expensive and sought-after gems. It is understandable, therefore, that some people invest in them when given the opportunity. After all, from a layman’s point of view, diamonds are consistently expensive and consistently sought-after. This must make them a potentially lucrative investment, right?
Active Wealth is a now-collapsed financial advisory firm. It was caught up in the British Steel Pension Scheme mis-selling scandal. In addition, the Financial Services Compensation Scheme (FSCS) has had to pay over £350k in compensation to Active Wealth's clients.
Read about how to safeguard yourself from bad and risky pension investment advice. Discover how to avoid high-risk pension investment schemes by being well-informed about the pitfalls involved.
Carbon credits are a good option for the right kind of investor, but the vast majority of pension holders should not be thinking about putting money into them. Unfortunately, this is a fact that many customers who invested their pensions into carbon credits have found out to their cost.
You may have noticed that the AIGO fund has been in the news recently – and not in a good way. If you think you might be impacted by investing in this fund, or you’re curious to know more about it, read on.
All investment decisions should be backed by careful research and based on professional advice. Here are some key points to consider before making any investment decision.
The British Steel Pension Scheme has been in the headlines a lot over the last few years, but the mis-selling scandal that engulfed it last year means it is likely to remain in the news for some time to come.
If you’ve heard the stories of SIPP mis-selling on the news, and you have invested your pension into a SIPP at one point in the last few years, you may be worried that you were mis-sold the investment. Or maybe you have seen the value of your pension fund wiped out because of a SIPP that hasn’t produced the expected (or promised) returns.
Automated investment services have been around for a while now. Many people use these services to invest their money, but a recent review by the Financial Conduct Authority (FCA) leaves a big question mark over the industry. In fact, there is potential that automated investment services have been involved in mis-selling.
You have probably heard about the various ongoing mis-selling scandals. With all the adverts, and news stories, it is hard to miss. But there is a scandal brewing that could end up on a scale as yet unseen – the SIPP mis-selling scandal.
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After sending a report to Santander, they agreed with our findings and awarded Mr Snowden an amount of £7,000 made up from a refund of the losses together with interest and compensation.
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I am so grateful to your company but especially to Steve Wise for getting me the money back
We reported our findings to Halifax and within a matter of weeks had secured our client the sum of £26,700 in compensation.
After we sent a detailed complaint to Halifax, Fred was delighted to receive £6,916 from the bank in a matter of weeks.
Having investigated the complaint Lloyds TSB agreed that the advice was unsuitable and agreed to pay the clients £10,000.