The regulated company that was Plan65 Limited provided their client with pension advice. The company was also known as Davidson Rae Financial Management, Plan65 Limited Trading, and DK Consulting Limited.

After investigating, the Financial Ombudsman Service (FOS) came to the decision that the company had been providing its clients with advice relating to pension transfers that was not suitable. Clients were often introduced to Plan65 Limited through another company giving financial advice.

The company had been giving advice to its clients regarding purchasing properties overseas using their pension fund. However, Plan65 Limited states it only gave advice relating to the transfer of pension funds to self-invested personal pensions (SIPPs) and do not give advice pertaining to investing in properties overseas. The regulatory rules though are very strict and the FOS found that the advice the company was given wasn’t suitable.

Your Pension Transfer Claim

Anyone who has experienced something similar may be entitled to make a claim for compensation – even if they have been told that their case is time barred. Time barring only applies in those cases where a complaint was made more than six years after the sale and three years from the point where you should have become aware that there was a problem.

We are experts at dealing with cases like this which is why you should talk to one of our team of advisers. For no charge at all they can provide advice and guidance on how best to proceeding with your claim.

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