OAKWOOD FINANCIAL MANAGEMENT LLP
Why can you claim for compensation or redress against Oakwood Financial Management LLP?
The Financial Services Compensation Scheme has declared Oakwood Financial Management LLP as failed. The firm’s failure was primarily due to multiple claims of mis-sold pensions and unsuitable financial advice. Clients reported being advised to transfer their pensions into high-risk Self-Invested Personal Pensions (SIPPs) without a full understanding of the associated risks. This led to significant financial losses for many clients.
The firm is no longer trading, so customers can make claims against them.
Background
According to the FCA register Oakwood Financial Management LLP has not been authorised since 10/03/2017. The company was authorised by the Financial Conduct Authority (FCA) under Firm Reference Number (FRN) 225473.
Companies House show the Company was incorporated on 19/06/2002 and dissolved on 21/10/2017.
This company is associated with claims for pension transfer and self-invested personal pensions advice
Who was involved?
The following is a list of individuals who were previously involved in regulated activities at Oakwood Financial Management LLP.
Paul Morgan, Daljit Dahil, Matthew Owen, Michael Wootton, Jaskaran Jaspal, Benjamin Goodridge, Amit Nakum, Robert Bercis, Gareth Jones, Timothy Jones, Thomas Sweeney, Michael Hickey, Adrian Brand, Surjit Shouker, Paul Wilson, Rodney Burton, Stephen Timms, Mark Allder, Alpheus Cain, David Coleman, Gary Rowell, Nicola Kirby, Surinderpal Bajwa, Bilhar Bains, Peter lambert, Paul Hancock, Ian Lewis, Philip Shepherd, Russell Kendell, Susan Bench, Alan Waters, Jane White, Peter Talbot, Mark Campbell and David Blakeman
How can we help?
We have helped thousands of customers on a no-win no-fee basis get the compensation and justice they deserve when making claim against regulated companies like OAKWOOD FINANCIAL MANAGEMENT LLP.
How does it work?
The first step is a free no-obligation consultation, you can learn more about services on our making a claim page.
Once we have assessed your claim, if we believe you are due compensation then we will help you build the best possible complaint by launching a full investigation, gathering evidence from all the relevant parties to handle your complaint and escalate to the Financial Ombudsman Service to ensure you receive the amount of compensation you deserve.
Seek Claim Advice Today
We offer an expert pension consulting service. One of our experts will be able to talk through your options and tell you what the best option for you is. If you do decide to use our services, then know that our fees are very reasonable. However, you need to act fast as there may be time-barring restrictions in place.
Call us now for a phone or video consultation with one of our legal experts on 0800 041 8358 to find out if you are entitled to compensation, you may even be entitled to additional compensation if you have successfully claimed in the past.
NB: Information for this page was gathered on 15/04/2024 from the following sources, FSCS Website, FCA Register, Companies House Register and is to our knowledge accurate as of that date.
Company background (public record)
The company was incorporated at Companies House on 19 June 2002 under company number OC302445. Its status at Companies House is recorded as dissolved.
Registered office: Bamfords Trust House, 85-89 Colmore Row, Birmingham, West Midlands, B3 2BB.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 19 Jun 2002 | Company incorporated | Companies House |
| 19 Jun 2002 | Jaskaran Singh Jaspal appointed llp-designated-member | Companies House |
| 19 Jun 2002 | Stephen Timms appointed llp-designated-member | Companies House |
| 19 Jun 2002 | Michael John Wootton appointed llp-designated-member | Companies House |
| 19 Jun 2002 | Formation Nominees Limited appointed corporate-llp-designated-member | Companies House |
| 19 Jun 2002 | Formation Nominees Limited resigned as corporate-llp-designated-member | Companies House |
| 19 Jun 2002 | Formation Secretaries Limited appointed corporate-llp-designated-member | Companies House |
| 19 Jun 2002 | Formation Secretaries Limited resigned as corporate-llp-designated-member | Companies House |
| 04 Mar 2004 | Paul James Morgan approved by the FCA at the firm | FCA Register |
| 04 Mar 2004 | Matthew Richard Owen approved by the FCA at the firm | FCA Register |
| 04 Mar 2004 | Michael John Wootton approved by the FCA at the firm | FCA Register |
| 04 Mar 2004 | Stephen Timms approved by the FCA at the firm | FCA Register |
| 04 Mar 2004 | Mark David Allder approved by the FCA at the firm | FCA Register |
| 04 Mar 2004 | Alpheus David Cain approved by the FCA at the firm | FCA Register |
| 04 Mar 2004 | David Alan Coleman approved by the FCA at the firm | FCA Register |
| 15 Nov 2004 | Daljit Singh Dahil approved by the FCA at the firm | FCA Register |
| 09 Mar 2005 | Thomas Sweeney approved by the FCA at the firm | FCA Register |
| 17 Oct 2005 | Amit Nakum approved by the FCA at the firm | FCA Register |
| 30 Nov 2005 | Stephen Timms resigned as llp-designated-member | Companies House |
| 30 Nov 2005 | Michael John Wootton resigned as llp-designated-member | Companies House |
| 01 Apr 2006 | Meridale Limited appointed corporate-llp-designated-member | Companies House |
| 14 Aug 2009 | Gareth James Jones approved by the FCA at the firm | FCA Register |
| 31 May 2016 | Company wound up (creditors’ voluntary liquidation) | Companies House |
| 31 May 2016 | Insolvency practitioner appointed: Paul David Masters | Companies House |
| 31 May 2016 | Insolvency practitioner appointed: Conrad Alan Beighton | Companies House |
| 10 Mar 2017 | FCA status recorded as: No longer authorised | FCA Register |
| 21 Oct 2017 | Company dissolved (creditors’ voluntary liquidation) | Companies House |
| 10 Apr 2024 | Declared in default by the FSCS | FSCS |
Focused on the firm’s early history and the events leading up to and following its failure. 9 routine entries from its active years are omitted.
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Paul James Morgan. Listed on the FCA Register as having held CF21 Investment Adviser (16/03/2007 to 06/09/2007) at the firm.
- Daljit Singh Dahil. Listed on the FCA Register as having held CF22 Investment Adviser (Trainee) (15/11/2004 to 31/10/2007), CF30 Customer (01/11/2007 to 31/12/2009) at the firm.
- Matthew Richard Owen. Listed on the FCA Register as having held CF21 Investment Adviser (04/03/2004 to 31/10/2007), CF30 Customer (01/11/2007 to 31/12/2009) at the firm.
- Michael John Wootton. Listed on the FCA Register as having held CF21 Investment Adviser (04/03/2004 to 07/04/2006), Responsible for Insurance Mediation (14/01/2005 to 20/03/2006), CF11 Money Laundering Reporting (04/03/2004 to 20/03/2006), CF10 Compliance Oversight (04/03/2004 to 20/03/2006) at the firm.
- Jaskaran Singh Jaspal. Listed on the FCA Register as having held Responsible for Insurance Mediation (31/03/2008 to 10/03/2017), CF30 Customer (01/11/2007 to 10/03/2017), CF29 Significant management (31/03/2008 to 10/03/2017), CF28 Systems and controls (31/03/2008 to 10/03/2017) at the firm.
- Benjamin John Francis Goodridge. Listed on the FCA Register as having held CF21 Investment Adviser (04/03/2004 to 31/10/2007), CF30 Customer (01/11/2007 to 31/12/2009) at the firm.
- Amit Nakum. Listed on the FCA Register as having held CF22 Investment Adviser (Trainee) (17/10/2005 to 16/02/2007), CF21 Investment Adviser (16/02/2007 to 21/05/2007) at the firm.
- Robert Mark Juris Bercis. Listed on the FCA Register as having held CF21 Investment Adviser (04/03/2004 to 18/03/2005), CF24 Pension Transfer Specialist (04/03/2004 to 22/03/2005) at the firm.
- Gareth James Jones. Listed on the FCA Register as having held CF30 Customer (14/08/2009 to 31/12/2009) at the firm.
- Timothy Paul Jones. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 31/03/2008), CF21 Investment Adviser (04/03/2004 to 31/10/2007) at the firm.
Review page sources: FCA Register (FRN 225473) · Companies House (OC302445) · FSCS. Public records, provided for transparency.
