High Risk Investments
In line with its regulatory obligations the firm has to consider whether these FOS decisions are indicative of any systemic problems with Rowanmoor’s past business activities. The result of this review will determine how the firm will resolve complaints. The review is complex and requires input from external advisers as well as the FCA.
Whilst Rowanmoor’s introducer relationship with C.I.B Life & Pensions Limited (CIB) was under inspection, the FOS found that CIB was introducing large volumes of high-risk business for overseas property developments to Rowanmoor.
It was disclosed that unregulated party introducers were also involved in promoting/marketing the Resort Group (TRG) & Harlequin Property investments.
In total, Rowanmoor accepted 1,387 introductions from CIB, which accounted for 26.90% of all business received by Rowanmoor during 2009-2013.
The Resort Group has been subjected to complaints for failure to return investment deposits, bond investments, interest payments or rental payments.
The pandemic did not help with any financial struggles the firm have experienced. We have been notified by clients that Rowanmoor will currently not accept valuations or agree to the sales.
We Can Help You Claim Compensation
We have helped many investors in overseas property investments such as The Resort Group, Harlequin properties, Dolphin Trust and others.
Our team are experienced and knowledgeable in bringing successful compensation claims to both the Financial Ombudsman Service (FOS) and the Financial Services Compensation Scheme (FSCS).
Recently, we helped customers to get compensation for their Harlequin property investments, where the complaint against the advising IFA firm was rejected by the Financial Ombudsman Services years ago!
So if your claim against the advising IFA was time barred or rejected contact us to discuss your options. There may still be other solutions available.
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.
Pension Claims Experts
ACL Consultancy Ltd have been in operation as a claims management company (CMC) for 10 years and have offered the lowest flat fee service in the industry since 2017. We welcome the new Financial Conduct Authority regulation to put a cap on CMC fees which came into effect this month.
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 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.