WERE YOU A CLIENT
OF CHERISH WEALTH?
If the answer is yes, you may be entitled to compensation.
Since Cherish Wealth Management went into liquidation in 2016, many clients have been successful in claiming compensation after discovering they were mis-sold their SIPP pensions. If you invested your hard-earned cash with them and didn’t see the return you hoped for, then it’s time you sought advice as to if you are also eligible for a claim.
How was Cherish Wealth Management negligent with their advice?
With both low-risk and high-risk investments, financial advisors should ensure their clients are fully aware of the consequences of each. A low-risk investment is protected by the FCA who ensures the UK’s financial service industry is regulated to protect the UK’s financial market, its’ customers, staff and shareholders. Low-risk investments also have the opportunity to gain compensation from the FSCS if a firm is unable, or likely to be unable, to pay claims against it.
One reason why high-risk investments are attractive, however, is because they can often offer a higher return. Although tempting, this risk is not one to be taken lightly. If you choose to put your money in a high-risk investment then you must be sure to either be earning over £100k per year or have around £250k in assets so that should the risk not work out, you have a financial back up.
Have you been affected by CL&P?
At My Claim Helper, we take care of all the legal stuff for you. Get in contact for more information.
Cherish Wealth Management were found to have ‘glossed over’ the risks in order to convince their clients to place their money in a number of high-risk investments. Some of these included the following:
- Forestry Investments
- Overseas Property
- InvestUS Real Estate
- Venture Oils
- Cool Blue Samui
If you invested in any of the above, then you are likely to have a case for a claim. This list is not exhaustive however, so whether it was one of the above or another investment made on the advice of Cherish Wealth Management, then you have nothing to lose by exploring the possibility of making a claim.
Are you entitled to compensation?
Were you informed your investments in overseas property or forestry were unregulated? Did Cherish Wealth Management properly check that you were financially stable enough to warrant making a high-risk investment? Were you knowledgeable enough about investing to understand the risk you were taking?
If the answer is no to one or all of the above questions, then it’s likely that you have a strong case for a claim. At My Claim Helper, we truly believe that you should be enjoying your retirement with the pension you worked for and are here to help you make that happen.
How to make a claim:
Step 1: Call one of our advisors for a friendly, no obligation chat to discuss your investments placed on the advice of Cherish Wealth Management. They will be able to get an idea as to whether you have grounds to make a claim.
Step 2: Once it is established you have a case, then let us help you with our expert knowledge to start building evidence against Cherish Wealth Management. Our experience in strategic handling of such claims will ensure you have the best possible chance of getting back what you shouldn’t have lost. We’re so confident in our service that we won’t take a penny from you unless you win. There really is nothing to lose!
Step 3: Start planning that trip of a lifetime, your move to the sun or whatever it is you dreamed you would be doing in your retirement. It is time to enjoy what you SHOULD have been doing, had Cherish Wealth Management not been negligent.