In December 2023 Intelligent Money caused uproar when it gave its clients 30 days’ warning that they would be charged a 1% fee unless they chose to switch to another provider to avoid the charge.

Intelligent Money explained that the charge was necessary to fund high regulatory and operational costs.

burning money

Switching providers can be a very tricky game – especially when one was tricked into investing in some high-risk and regulated investments.

There are very few providers that will accept such new clients, and it may well come at a high cost for the client to carry!

Not fair – most will say – and we agree.

Intelligent Money made news when the Financial Ombudsman Services published a decision ordering the SIPP provider to pay compensation, which was followed by the regulatory body placing a restriction on the firm.

Intelligent Money had failed to carry out adequate due diligence on Greyfriars Portfolio 6 and the relationship of Active Wealth’s director Darren Reynolds, whom the regulatory body fined over unsuitable pension transfers and the investments he arranged,

The Ombudsman was of the opinion that if Intelligent Money had carried out sufficient checks and complied with its regulatory obligations it would have stopped the transfers and the underlying investments being made.

Impartial Claims Advice

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

Please remember that it’s always important to get impartial advice. No doubt you will receive cold calls from companies which have made deals with the firms involved, but you may wish to speak to one of our independent Financial Claims Consultants instead.

You may also find that we can help where others can’t – and we’ve got the customer feedback to prove it!

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 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.