Multicorp Rose

Multicorp Rose was a financial adviser based in Newcastle who opened in 2001. They entered voluntary liquidation in 2019 and their FCA permissions were canceled at that time.

There were a couple of decisions upheld against them by the Financial Ombudsman Service, the most recent of which can be read here. With plenty more complaints in the pipeline, they decided to close their doors for good.

What was wrong with the advice?

Multicorp Rose reportedly had introducer firms working on their behalf, using intensive sales tactics and cold calling potential customers. Following the illegal introduction from the unauthorised introducer, Multicorp Rose has made recommendations that were not in the client’s best interest, often transferring their pensions where there was no real need to do so and charging their client fees to do so. In a lot of these cases, the client has ended up paying substantial fees on their new pension with very poor growth to counteract this. The firm also recommended clients invest their funds using a Discretionary Fund Manager (DFM) when they had no requirement for such an expensive service.

What next?

If you have received advice from Multicorp Rose, please complete the contact form below and one of our experts will be in touch with you to discuss the advice you have received and they will be able to provide an initial judgment as to whether you would be able to make a claim. We can then take the stress out of your hands and process the claim on your behalf.

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We’ve made 1000’s of successful claims on behalf of our clients, totaling over:

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What our clients are saying…

Some kind words from our respected clients

“You have proved I was miss advised”

You have proved I was miss advised, regarding my mis-sold pension, I am very happy with the outcome, your payment was a bit expensive, however, I realise everyone has to make a living. I did not think that the amount would be so much.
Thank you all for your hard work.

Pete | Trust Pilot

“From the very first moment of dealing…”

From the very first moment of dealing with Elite Chambers, I have been met with nothing but common courtesy, politeness, and Professionalism at all times, especially from Jamie Baker and Jordan Casey. Both these Employees are absolute Assets to the Company. I was kept up to date with every detail and progress through emails and Calls.
I would definately recommend this Company to everyone like myself who was mis sold something.

Thankyou once again Elite Chambers
Lesley Hogg

Lesley Hogg | Trust Pilot 

“I received a call from Elite Chambers…”

I received a call from Elite Chambers about a SIPP claim I spoke with Ashley, he was very helpful took a great deal of time in explaining the process and how it would work, Paper to be signed next week so fingers crossed for a positive outcome to this terrible situation.

David Barker | Trust Pilot