Intuitive Financial Associates were involved in the British Steel Pension Scheme debacle where thousands of Steelworkers were wrongly advised to transfer out of their pension scheme with the promise of better returns and a better retirement.
In reality, these clients gave up their final salary pension benefits which cannot be replaced, meaning when they get to retirement, their pension is significantly lower than what it would have been if they had left it with their original provider.
If you think that this applies to you, download our compensation claim guide, and when you’re ready, click the ‘Check if you can claim’ button. We have already paid £2.4 million to customers who had been advised to transfer out of the British Steel Pension Scheme.
Capital & Income Solutions transferred a large amount of these pensions when it was not suitable for the client and certainly not in the client’s best interests and charging clients 4-5% for this!
This firm has been the subject of a number of news articles over recent years, due to the fact that they received large amounts of leads relating to clients with final salary pensions. More information can be found here: https://citywire.co.uk/new-model-adviser/news/revealed-web-of-advice-firms-linked-to-lead-generator/a1328374?section=new-model-adviser