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Why can you claim for compensation or redress against Wellington Court Financial Services Ltd
Wellington Court was incorporated in Ireland and passported into the UK under the Insurance Distribution Directive. They had a UK establishment in Devon which closed on 31 December 2021.
From 19 December 2016, Wellington Court had permission from the Financial Conduct Authority (FCA) to carry out certain regulated activities including advising on investments and pension transfers. Prior to this date, it only had permission to carry out insurance mediation and insurance distribution activities.
FSCS has been working with the FCA and the Financial Ombudsman Service to investigate the activities of Wellington Court.
The FOS has upheld many complaints against Wellington Court in respect of its involvement with the transfer of customers’ pensions into a self-invested personal pension administered by Guinness Mahon Trust Corporation Ltd (GMTC).
GMTC was declared in default by FSCS on 29 October 2020. However, where Wellington Court was involved in a customer’s transfer into the GMTC SIPP, FSCS has required customers to first exhaust their rights against Wellington Court via the FOS before FSCS is able to consider any claim against GMTC.
However, Wellington Court has failed to satisfy the FOS awards.
Background
Companies House show the First UK establishment opened on 27/03/2014 and the company closed on 31/12/2021.
According to the FCA Register the company status was revoked on 05/10/2023
This company is associated with claims for pension transfer advice and self-invested personal pension advice.
This company is associated with claims for Defined benefit pension advice
This company is associated with claims regarding the Guinness Mahon Trust Corporation Ltd
Who was involved?
The following is a list of individuals who are currently or were previously involved in regulated activities at Wellington Court Financial Services Ltd
Brendan John Burke |
Andrew Peter Kemp |
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 Wellington Court Financial Services Ltd
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 evidenced from all the relevant parties to package your claim and submit to the Financial Services Compensation Scheme. We will argue your case to ensure you receive the maximum amount of compensation available to you.
help you build the best possible complaint by launching a full investigation, gathering evidenced from all the relevant parties to handle your complaint and escalate to the Financial Ombudsman Service if required 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 23/04/2024 from the following sources, FSCS Website, FCA Register, Companies House Register and is to our knowledge accurate as of that date.
News & Updates about Wellington Court Financial Services Ltd
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