The regulatory body the FCA has imposed restrictions on London Stone Securities as of 31/07/2024. This means the company can no longer carry out any regulated activity, charge existing clients fees or take any new clients on without the FCA’s express consent.
The firm was also ordered to withdraw all financial promotions.
The regulator intervened following assessment of the information the company had provided as part of their Consumer Duty review.
Serious concerns were raised that the company was not delivering good outcomes for their clients.
London Stone Securities Limited charged some clients fees exceeding 65% of their portfolio value which significantly reduced the value of their investments.
Not only was the firm charging excessive fees, low value investment portfolios were particularly affected; leaving their vulnerable client base open to further losses.
Client communication was deemed poor as charges were not agreed with all clients in advance, raising concerns that the firm had not appropriately disclosed and explained its service terms.
Call Us Now For A No-Obligation Chat
If you had dealings with the company or one of its appointed representatives, Quartzera Capital LLP, you should act now and get those transactions reviewed, especially if the asset statements you have received do not match your original investment values!
We offer a free assessment of your situation to find out if you may be owed money redress. We will inform you of other options available to you. Don’t delay, because there are time limits to claim your compensation. The best time to act is now!
Contact us for an informal discussion to explore your options. You’ll also get a better understanding of how we work before deciding on your best course of action.
Impartial Claims Advice
Why don’t you let us review the transactions made – and if we can’t help you won’t pay a fee.
Please remember that it’s always important to get impartial advice: no doubt you will receive cold calls from companies which have made deals with the firms involved. Instead you may wish to speak to one of our Financial Claims Consultants.
You might find that we can help where others couldn’t – and we’ve got the customer feedback to prove it!
You should also get in touch with us if you have any concerns about the advice you received or the way your investments are performing.
Most clients don’t understand that they may have suffered losses, as their annual statements show that the pension fund is still valued at purchase price.
We have been fighting your corner for years – and may just know a trick or two, helping you to finally obtain compensation!
Financial Claims Made Simple
ACL Consultancy Ltd have been in operation as a claims management company (CMC) for over 10 years and have offered the lowest flat fee service in the industry since 2017.
We are able to work for a reasonable fee because we don’t buy your data from the companies involved in your claim. We pass these cost savings on to you. Our success is your gain.
Our team possess a deep knowledge of pension and investment compensation and welcome your call to find what solutions are available to you.
So, you’ve nothing to lose and everything to gain by calling us today.