Mis-Sold SIPP Pensions – Blue Ocean Financial
Blue Ocean Financial Services and Mis-Selling
Blue Ocean Financial Services is now no longer authorised by the FCA, which means that it is not allowed to execute regulated business, or offer advice on it. Regulated businesses include pension transfers into SIPPS.
Blue Ocean Financial Services was dissolved in 2016, and is in default with the FSCS, which means that the compensation scheme has determined to its satisfaction that it can no longer pay out claims made against it relating to negligent advice. This means that the life-boat scheme is now there to pick up the pieces.
Did You Transfer Your Pension Into A SIPP With Blue Ocean?
If you were one of the savers that took financial advice that told you to transfer your pension into a SIPP, and you ended up with your funds in high-risk, unregulated investments that you were not qualified to manage, and that you could not afford the risk of losing, then you may be able to build a case against your financial advisor. Many people put their funds into overseas property or children’s services schemes and are now facing difficulties. We can help you to make a claim if you are in that position. We offer no win, no fee claim writing, and free initial assessments to help you get started.