Keith Popplewell and The Pensions Office
If you are a former customer of Keith Popplewell and The Pensions Office you may have been the victim of poor or faulty advice and could be entitled to compensation.
It has come to light that following advice from The Pensions Office, many hundreds of pension holders the length and breadth of the UK were persuaded to move both perfectly performing private and defined benefit workplace pensions into SIPPs, and from there into Store First, a single asset Unregulated Collective Investment Scheme (UCIS).
Faulty advice and false promises
A former darling of the IFA world, Keith Popplewell was renowned for his weekly column in Money Marketing. A “financial services personality of the year,” he was a recognised speaker at IFA conferences as well as the author of a number of books on the finance industry. He is now banned from operating as a company director and has been declared bankrupt. The sheer scale of his poor advice saw the liquidators of The Pension Office disclose that as of February 2018 they had received a massive £19.7 million in claims from the FSCS in respect to compensation payouts for victims.
The Pensions Office were involved in two ways when recommending pension holders invest their hard-earned cash into Store First. Firstly, they operated a call centre from their offices in Liverpool which targeted pension holders and lured them in with the promise of returns on their investment of 8% or more.
Secondly, they were involved in delivering pension transfer advice to clients of Jackson Francis, a cold calling venture also based in Liverpool. It’s believed they were responsible for pumping £100 million of innocent pension holders money into Store First via SIPP provider Berkeley Burke.
If you think you might have been a victim of poor pension advice by Keith Popplewell and the Pensions Office and were recommended to invest in Store First though a SIPP, Beat the Banks are here to fight for compensation on your behalf.
Call us on 0800 193 1234 for free, no-obligation chat with one of our advisers and find out how we can help you.