Think you may have been mis-sold your pension?
JP FINANCIAL MANAGEMENT LTD AND UNSUITABLE PENSION ADVICE
Financial advice firm JP Financial Management Ltd was found to have given unsuitable pension advice 4 times by the Financial Ombudsman Service (FOS), and told to pay redress to help rescue their clients’ positions.
In some of these cases, the unsuitable pension advice involved transfers away from valuable final salary or defined benefits pension schemes.
Schemes like these are considered rare and valuable, and transfers away from them are rarely considered to be in the client’s best interests.
JP Financial Management Ltd is no-longer authorised to give pension advice by the Financial Conduct Authority (FCA).
Timeline of events: JP Financial Management Ltd
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