Argent Wealth Ltd, which also traded as Carlton Smith Private Wealth, Orchard Financial Planners, Morley James Asset Management and Lifestyle Wealth Management, was a financial advisor which was involved in the British Steel transfer scandal. When British Steel’s pension schemes were potentially going to transfer into the Pension Protection Fund (PPF), several advisers including Argent Wealth Ltd chose to transfer people into other schemes. Some of these were standard schemes, some were non-standard.

Regardless of where a client was transferred, a defined benefit pension scheme needs careful analysis to confirm whether a transfer is suitable, due to the guarantees it provides upon retirement. Very few people would have been suitable to actually transfer.

If you had your pension transferred by Argent Wealth Ltd, you may be liable for compensation.

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