Pensionology.UK Ltd
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PENSIONOLOGY & AVISABILITY LIMITED
Pensionology.uk Ltd, which traded simily as Pensionology, or through its appointed representatives like Advisability Limited, is now in liquidation.
As the name might suggest, Pensionology mainly dealt with people’s pensions, and conducted many pension transfers and switches, sometimes into SIPPs: Self-Invested Personal Pensions.
But Pensionology was told by the UK Finance Watchdogs at the FCA that they must NOT “carry on any regulated activities in relation to retail investment business including pension switches and/or pension transfers to any self-invested personal pension scheme, where the customer’s funds are to be invested in Non-Mainstream Pooled Investments.” This meant that Pensionology couldn’t invest people’s pensions into SIPPs that contained nothing but high-risk investments.
By May 2017, Pensionology was mentioned in the Strand Capital situation, which has now closed down.
Did you take advice from Pensionology? Get a FREE Claims Assessment with our experienced claims handlers to see if you can make a claim.
Timeline of events: Pensionology.UK Ltd
1994 -Name Changes
Company starts life as Speed 4482 Limited, and went through many names and business types before settling on Pensionology.2016 - Advisability
Advisability Limited becomes an appointed representative of Pensionology.UK ltd. Toni Haynes is a director at both companies at one point.2017 - Advisability stops
By December 2017, Advisability was no longer an appointed representative.2017 - Insolvency
Company enters into a Creditor’s Voluntary Liquidation on the 21 December 2017.2018 - Permissions
In 2018, Pensionology.uk ltd remains on the FCA register, but notes on the entry say that the firm “must not carry on any regulated activities in relation to retail investment business, including pension switches and/or pension transfers to any self-invested personal pension scheme[…]”.Did you know, we’ve made successful claims against Financial Advisers before?
If you needed any more reason to choose us to take forward your claim, we’ve seen success in the past with SIPP claims…
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What would mean I have a claim?
Each claim is different, but if you went into a SIPP with high-risk investments, but don’t fit any of the descriptions below, then you may have a claim, and can get in touch with Get Claims Advice to check it out.
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?
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