Hamilton Rose Wealth Management.
It has come to light that they have recommended clients to transfer their pensions into a Self-Invested Personal Pension (SIPP) and advised them to invest in high-risk investments such as Corporate Finance Bonds, Audley Funding and NQ Minerals. All of which have now ceased trading or are experiencing difficulties, meaning that their customers have, or are likely to, lose the majority of their life savings.
Hamilton Rose Wealth Management (trading as isaexpert.co.uk) also advised their clients to invest in ISAs that were managed by their parent company Clear Capital Management offered a discretionary service to their clients, meaning the firm can pick and choose their client’s investments without the client’s permission. Clear Capital Management was dissolved in September 2021, it has come to light that they invested their client’s funds into high-risk investments, as mentioned above, which has led to substantial amounts of losses.
The Financial Services Compensation Scheme has confirmed that they will pay compensation on behalf of Hamilton Rose Wealth Management if it can be proven that they were negligent. If you have received advice from Hamilton Rose Wealth Management, please fill in the contact form below and one of our experts will be in touch to discuss your circumstances and the potential for making a claim for compensation.
