Pointon York SIPP Claims
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Pointon York, or Pointon York SIPP Solutions Ltd, was a provider of SIPPs here in the UK, but is now in liquidation as of November 2018.
Like many SIPP providers, Pointon York had quite a few high-risk investments on it’s books, such as Carbon Credits and Green Oil Plantations.
Known to the team of mis-sold pension claim specialists at Spencer Churchill Claims Advice, the firm is no-longer trading, with many accounts now managed by Crescent Trustees Limited, part of the Curtis Banks group.
If you had a SIPP with Pointon York you may have been mis-sold, and you may be able to make a claim on a No Win – No Fee* basis.
What Happened To Pointon York?
We’re yet to see the Liquidator’s proposal after their appointment in December 2018, which usually details the reasons leading up to the insolvency proceedings.
We know that some Pointon York SIPP accounts held high-risk, non-standard investments that many people weren’t suitable for.
We know that Pointon York sold their SIPP accounts to Curtis Banks in 2014.
We also know that the FCA agreed terms with Pointon York that they would cease to carry out any regulated activities relating to Part 4A of their permissions from 14th Feb 2017.
Speak With A Specialist Claims Handler Today
If you had a Pointon York SIPP, you may be able to claim
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.
Can You Claim For Pointon York Compensation?
SIPP mis-selling is huge, with thousands of people all over the UK realising they were mis-sold their SIPP pensions filled with high-risk investments.
If you:
- Transferred your pension to a Pointon York SIPP
- Invested in any 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.
How Is Pointon York Connected To SIPP Mis-Selling?
Pointon York aren’t alone when it comes to connections to mis-sold SIPP pensions – many other SIPP providers have exposure too.
SIPPs allow for a greater and wider range of investment choice, but this choice can also include high-risk investments that are not regulated by the FCA.
These investments may be suitable for people who are earning enough, or have enough investment experience to understand and manage the risk, but not for your average ‘retail’ investor.
Financial advisers and SIPP companies should have been checking that those investing in high-risk schemes were suitable for them, but they often didn’t, or simply took fees and commission for giving unsuitable transfers the green light.
Pointon York Related Claims
Pointon York FAQ’s
Are Pointon York Still Operating?
No, they agreed the sale of their SIPP book to Curtis Banks back in 2014, and remain “authorised – in liquidation” on the FCA register as we write this (July 2019).
I Used To Have A Pointon York SIPP, Now I'm With Crescent Trustees?
Yes, that’s perfectly possible. Pointon York sold their SIPP accounts to Crescent Trustees some years ago. You can still check to see if your original Pointon York pension was mis-sold to you with a FREE initial assessment with Spencer Churchill Claims Advice.
I Had Carbon Credits In My Pointon York SIPP?
Carbon Credits are a high-risk, non FCA regulated investment. Designed to save the world from climate change while making investors a tidy profit, many of these schemes (and indeed the carbon market as a whole) collapsed some years ago, making many of them valueless.
You may still be able to make a claim for any losses caused by your Carbon Credits investment, just get in touch for a free initial assessment.
Is Pointon York Covered By The FSCS?
It depends on what you mean by ‘covered’. As an FCA regulated firm they were covered by FSCS compensation for consumers for many things, but not for Financial Advice.
Usually in the case of mis-sold SIPPs, the responsibility for mis-selling rests with the FInancial Adviser.
However as the FSCS says itself, “SIPP operator due diligence has been an industry hot-topic in recent years and the FSCS is aware that there are a number of pending civil claims in the high court […]”
The results of these high-court cases may effect whether FSCS claims against Pointon York will become a factor in the near future.
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?
Our claims process is dead easy, so we can sum it up in the four simple steps below:
What Types Of Claims Do We Handle?
Speak to an expert today
We have decades of experience in helping people claim back money that is rightfully theirs. Whether you want to make a mis-sold pension claim, have questions about a mis-sold investment, or you’re just looking for some advice you can trust – we’ve got you covered. Reach out to our team today for a no-obligation, completely free chat.
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