The SIPP Provider by the name of Guardian Pension Consultants (GPC) has gone into administration.

The company was responsible for administering pensions for Guardian Pension Trustees and had more than £130m of client assets.

The GPC SIPP was exposed to a series of failed investments, like SCS Farmland, Harmony Bay, InvestUS, Ethical Forestry, and Harlequin, in addition to a number of other unregulated and risky investments like The Resort Group.

Henry Shinners and Adam Stephens of Smith & Williamson have been appointed as the insolvency practitioners and the joint administrators of the GPC SIPP. They are now looking for buyers for the company and have already held meetings with some interested parties.

The collapse of the company came after it was subject to a number of potential claims challenges regarding the lack of due diligence over the investments that they accepted.

Get To Know Your Options

For anyone who is unsure about what is the best way to proceed and have been told by GPC to wait and hold tight, may find that they eventually run out of time to be able to make a claim. However, by calling us today, you will be able to receive clarification on whether or not you really are entitled to claim for compensation.

Additionally, you might also be able to claim for compensation even if you have already received financial redress from the Financial Services Compensation Scheme against GPC and where the amount you lost was in excess of the £50,00 that is awarded.

Frequently Asked Questions

Pension mis-selling occurs when a financial adviser provides unsuitable advice to transfer or invest your pension into schemes that are inappropriate for your financial situation or risk appetite. This could include high-risk investments or inappropriate pension transfers, such as moving a defined benefit pension into a riskier scheme.

You may have been mis-sold a pension if:
– You were advised to move your pension into high-risk investments without understanding the risks.
– You were not informed of exit fees or charges when transferring your pension.
– You were advised to transfer out of a defined benefit pension, which led to financial losses.
If these situations sound familiar, you could be entitled to make a claim for compensation.

Compensation depends on the extent of your losses. Typically, it includes financial losses due to bad advice or mismanagement, including lost returns, exit fees, and fees paid for services that were not delivered. We assess your case and help you understand the potential amount of compensation.

There are time-barring restrictions for pension mis-selling claims, usually six years from when the advice was given, or three years from when you realised the pension was mis-sold. It’s important to act quickly to ensure your claim is within the legal timeframe.

The process involves:
– A free consultation to assess your case.
– Gathering of all necessary evidence, such as contracts and statements.
– Submission of your claim to the Financial Services Compensation Scheme (FSCS) or other relevant bodies.
We handle the entire process for you and keep you informed throughout.

Our services are provided on a no-win-no-fee basis, meaning you will only pay if we successfully recover compensation on your behalf. There are no upfront costs or hidden fees.

Yes. If Barton Hatcher Ingram Financial Management Limited is no longer trading, you can still make a claim through the Financial Services Compensation Scheme (FSCS), which handles claims for firms that have gone into liquidation.

The time it takes to process a pension mis-selling claim can vary based on the complexity of the case and the involvement of other parties. On average, claims can take several months to a year to resolve, but we will work diligently to handle your case as efficiently as possible.

News & Updates about Guardian Pension Consultants

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