Anthony William Morrin (AWM Financial Services Ltd)
AWM Financial Services Ltd Compensation Claims Guide
AWM Financial Service Ltd, which was based in Newcastle-Upon-Tyne, closed down in April 2017. The independent financial advice company, with Tony Morrin as one of its directors, was surrounded by a number of mis-selling claims connected to the transfer of SIPP Pensions, and most notably investments in high-risk storage pod schemes such as Store First.
The Financial Services Compensation Scheme (FSCS) has paid out compensation to investors because of the bad investment advice that they received from AWM Financial Service Ltd and firms similar to it.
You could be entitled to compensation from the FSCS
If you had AWM Financial Service Ltd handle your pension transfer or SIPP investments or they sold you a storage pod scheme, you may be entitled to compensation.
It’s not too late to make a claim for a mis-sold pension transfer or reckless investment advice. We can help you make a claim and get some money back from the FSCS money pot. Because that’s what the funds are there for. Ordinary men and women just like you who’ve been misadvised by reckless financial advisers.
What did AWM Financial Services do wrong?
AWM Financial Services advised ordinary men and women (not knowledgeable or super-wealthy investors) to transfer their pensions into high-risk Self-Invested Personal Pension Schemes (SIPPs).
The funds were then ploughed into high-risk and unregulated investments, including Storage Pods. None of these were good choices for ordinary investors looking to grow their pension pots.
The Serious Fraud Office (SFO) launched an investigation into many of these storage pod schemes. It is thought over £120 million was invested and lost by at least 1,000 people, often through SIPP schemes.
AWM Financial Services Compensation Claims
Many people have now made a claim because of the reckless investment advice they received from AWM. If you used the company to transfer your pension arrangements to a SIPP or made another high-risk investment then you may be able to make a claim.
The FSCS has already paid out hundreds of millions in compensation for a number of financial advice company’s mis-selling of investments via SIPPs. If you are entitled to make a claim under the scheme, you should do so. If you are one of the many ordinary people who were affected by this mis-selling scandal, you should act now.
AWM Financial Services Didn’t Warn SIPP Pensions Were High Risk
The FCA has said ordinary investors – those with limited knowledge about financial services and investments – should have been given very clear and simple-to-understand information about their investments along with warnings, where relevant, and AWM Financial Services, unfortunately, failed to do this.
High-risk investments must always come with proper warnings. If AWM advised you to transfer to a SIPP or advised you to invest in storage pods then you may have a claim and we can help you get compensation.
See how much compensation you could get from the FSCS
Contact us today and see how much compensation you could be entitled to.
You can get a free initial check to see if AWM mis-sold to you. Have a chat with a member of our friendly, trained team who can quickly assess whether you have a claim. This check will not put you under any obligation to use our service.
Knowledge is power! Find out today about making a claim against AWM Financial Services today.