Foreman Financial Services SIPP Claim

Foreman Financial Services was previously known as Grainger Co Financial Services is no longer authorised by the Financial Conduct Authority as of late October 2017. This means the firm can no longer carry out regulated activities such as providing clients with financial advice.




Their websites states that they are closed. The Financial Ombudsman Service has also passed several judgements against Foreman Financial Services, noting that the firm had given unsuitable advice and not properly assessed the customers suitability for a SIPP.

Grounds On which you may Have Been Mis-Sold

In order to determine if you are eligible for a SIPP compensation claim please check If any of the following statements is true in your case:

• Foreman Financial Services Limited did not explain the pension transfer & investment risks to you properly.
• Your financial situation was not properly assessed with a fact find by Foreman Financial Services Limited.
• You felt uncomfortable or pressured by Foreman Financial Services Limited into an investment that you didn’t need or want.
• Foreman Financial Services Limited did not explain that the amount you get back will depend on performance.
• Foreman Financial Services Limited did not accurately explain the fees and charges that would be incurred.
• You were unaware that Foreman Financial Services Limited had advised you to invest in an unregulated investment.
• You were not advised by Foreman Financial Services Limited about exceeding the £40,000 tax-free limit would make you liable for the 55% income tax.
• You feel that you were given poor advice by Foreman Financial Services Limited concerning SIPPs which has left you worse off financially

If any of the above points stand true, then it may be possible for you to get compensation.

Pension Redress Calculator

Our pension redress calculator will give you an indication of how much your mis-selling refund could be worth. If your case is upheld, the exact value of your refund will not be known until all the facts of your case have been disclosed and a final figure calculated by the firm.

To use the calculator please follow the instructions below.

1.Enter your details into the Red Boxes

Ongoing Monthly (£) is optional if you continued to pay in each month after switching.

2. Choose your growth rate %pa.

Select the rate that you feel your previous pension was growing at. 3% Low, 6% Medium or 9% High rate.

3. Compare your values.

See what your pension would have been worth if you had left it in the previous scheme vs. the new scheme. Choose to compare current value or value at your chosen retirement age.