Although ‘David Craig IFA’ from Cardiff is no longer in existence or authorised by the Financial Conduct Authority (FCA), David Craig still remains responsible for the advice he gave and the losses his clients have suffered.
Both he and his close colleague David Trevor Graham (you may also know Mr Graham from his times at Brighter Financial Associates) were involved in promoting high risk and unregulated investments such as investments in an offshore property development – fractional ownerships in Freedom Bay, Saint Lucia.
Both men arranged pension transfers into SIPP’s and SSAS’ in order to place the investments, failing to take the customers needs or attitude to risk into consideration.
The investments subsequently failed, leaving clients open to large losses and the continued costs of running their SIPP or SSAS pension schemes
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If this sounds familiar and you had dealings with any of those firms you should speak to one of our Financial Claims Consultants and let us review all the transactions which were made.
Please 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 understand that they may have suffered losses, as their annual statements show that the pension fund is still valued at purchase price.
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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.