Designed 4 Life Ltd, the Portsmouth based IFA is now in liquidation, with three complaints upheld against it by the Financial Ombudsman Service (FOS) all regarding SIPP advice and more expected to follow.
The complaints against them are related to advice given to transfer pensions into SIPPS which contained high risk, unregulated investments such as Harlequin Properties.
Regulated financial advisers have a duty to follow the FCA rules and act in your best interests by only making investment recommendations that are suitable to your circumstances.
If you are concerned about the advice you may have received from Designed 4 Life Ltd then you can speak to one of our UK based Claim Handling Team who are experienced in assessing whether the advice you received was suitable or negligent and if you can pursue a claim for compensation.
We operate on a no win no fee basis, providing you don’t cancel our service after the 14-day cooling off period. Contact us today by filling in the form on this page and we will be in touch shortly. Alternatively, we can be reached directly on 0161 850 9069 .