It seems that UHY, FS Legal and the original eight Representative Respondents (RRs) which were representing all members of the SIPP schemes are parting ways.

Instead, Hacker Young (UHY) have applied to the courts to replace the original RR’s by 5 new ones, which will be legally represented by Spencer West, a firm of solicitors which has agreed to act on a contingent basis.

This means that they will only get paid when the Exit and administration fee (EAC) is agreed and paid.

Some argue that this is a conflict of interest, others welcome the move.

Compensation Claims

In the meantime, there is news that the Hartley Pensions administrators may be running out of money by the end of the month, leading to potential tax liabilities for clients.

Everyone is continuing to actively engage with parties to ensure the best outcomes for consumers.

Whilst the obvious arguments are about releasing clients for a fair fee from their pension prison, some wonder if this is a battle to gain access to all these clients, to progress claims for compensation. There are some 16,000 clients and if only 10% haven’t claimed compensation as of yet, it could be a big money maker.

Many may have already claimed compensation, some may have had their IFA or SIPP complaint rejected and are stuck. Others may have had a successful claim against an IFA and think that’s all they can do.

Little do they know that there may be other options to explore….

Impartial Claims Advice

Please remember that it’s always important to get impartial advice.

Has your IFA complaint been rejected leaving you stuck in your SIPP?

Why don’t you let us review the transactions made – and if we can’t help you won’t pay a fee.

You may find that we can help where others couldn’t – and not only have we got the customer feedback to prove it, we also charge a fraction of what solicitors charge for the work they carry out.

You should also get in touch with us if you have any concerns about the advice you received or the way your investments are performing.

Most clients don’t even understand that they may have suffered losses, as their annual statements show that the pension fund is still valued at purchase price.

We have been fighting your corner for years – and may just know a trick or two, helping you to finally obtain compensation!

Call Us Now For A No-Obligation Chat

We offer a free assessment of your situation to find out if you may be owed money redress. We will inform you of other options available to you. Don’t delay because there are time limits to claim your compensation. The best time to act is now!

Contact us for an informal discussion to explore your options. You’ll also get a better understanding of how we work before deciding on your best course of action.

Financial Claims Made Simple

ACL Consultancy Ltd have been in operation as a claims management company (CMC) for over 10 years and have offered the lowest flat fee service in the industry since 2017.

We are able to work for a reasonable fee because we don’t buy your data from the companies involved in your claim. We pass these cost savings on to you. Our success is your gain.

Our team possess a deep knowledge of pension and investment compensation, including overseas property investment, and welcome your call to find what solutions are available to you. So, you’ve nothing to lose and everything to gain by calling us today.