Quilter caught up in Harlequin pension transfer claim

Invested with Berkeley Burke

clock
A client complained to the ombudsman after she was advised to transfer her SIPP into the failed Harlequin property scheme, planned resort accommodation in the Carribean.
Image:

A client complained to the ombudsman after she was advised to transfer her SIPP into the failed Harlequin property scheme, planned resort accommodation in the Carribean.

Quilter Financial Services will compensate a woman who diverted her pension into failed property scheme Harlequin under the advice of a firm Quilter since acquired.

Mrs C, as referred to by the Financial Ombudsman Service (FOS), complained about advice she received from an appointed representative of Intrinsic Financial Planning, now Quilter, in 2010. Under...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Chris Davies: Consumer Duty unpicked - what advisers need to do next

Chris Davies: Consumer Duty unpicked - what advisers need to do next

'All-encompassing regulatory directive'

Chris Davies
clock 11 August 2022 • 7 min read
Janine Hofer-Wittwer CFA, SIX

Janine Hofer-Wittwer: MiFID II meets ESG and EU regulation

Tight time frame

Janine Hofer-Wittwer
clock 09 August 2022 • 3 min read
Nicola Parish: “Our new scams combat plan sets out to make savers aware of the risk of scams"

Cost of living exposing savers to more scams, TPR warns

TPR scams strategy

Hope William-Smith
clock 03 August 2022 • 2 min read