Quilter caught up in Harlequin pension transfer claim

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 the firm's advice, Mrs C switched two existing personal pensions worth a combined £50,000 into a self-invested personal pension (SIPP) with Berkeley Burke and paid £42,000 into Harlequin. Berkeley Burke SIPP administration has since fallen into administration fighting claims related to its due diligence obligations on unregulated investments. Mrs C had attended a seminar on the property scheme...