We have dealt with a claim against the above companies for a client who was advised by Burgess Williams Financial Management Ltd to transfer their personal pension into a fund largely invested in La Perla No 1 Ltd a company that invested in overseas (particularly Spanish) property developments. Burgess Williams Financial Management Ltd was found to have provided inappropriate advice in that the funds were too risky for the client’s needs and ordered to pay compensation.
They failed to pay and a claim was made to the FSCS (Financial Services Compensation Scheme). This was upheld and the maximum award of compensation for investment products was made of £50,000.
Burgess Williams Financial Management Ltd and La Perla No 1 have ceased trading and likely to be struck off the company House Register.
If you have received inappropriate advice from Burgess Williams Financial Management Ltd you may have a claim. Contact Nick on 01925 759 510 for more advice and help.