Everyday Financial Advice Ltd: What You Should Know
With an ever-changing landscape in the financial sector, it's crucial to stay informed, especially if you've ever been involved with certain advisory firms. One such company, Everyday Financial Advice Ltd, has been a topic of interest, given its standing and the significant events associated with it. If you've had any past associations or dealings with this company, or perhaps recognise the names associated with it, it's essential to be updated with the current situation. Here at CP Financial Claims, we're dedicated to providing clarity and assistance to those who might be impacted.
A Closer Look at Everyday Financial Advice Ltd
Everyday Financial Advice Ltd, boasting a reference number FRN: 595535, was once a prominent independent financial advisor firm. They also operated under the trading name 'Tudor Court Financial Planning' since 25th February 2013. However, it's worth noting that this firm's journey has been tumultuous over the past years.
To shed some light on its recent timeline:
- In January 2020, Everyday Financial Advice Ltd found itself dissolved through a compulsory strike-off.
- Earlier, by 11th July 2019, they had lost their authorisation status, meaning they could no longer provide regulated activities and products, even though they were once authorised by the FCA and/or PRA.
In October 2022, revelations emerged about the firm's standing when the Financial Services Compensation Scheme (FSCS) declared both Everyday Financial Advice and The TJM Partnership Limited in default. To add to the gravity of the situation, this Leicestershire-based firm, which traded as Tudor Court Financial Planning, had its authorisation to provide regulated activities and products withdrawn by the Financial Conduct Authority (FCA) by 11th July 2019, as per records on the FCA register.
A Concerning Claim
Recent reports have unveiled that the FSCS has come across a claim from a past customer of Everyday Financial Advice. This specific claim pivots around pension transfer advice. For many, pensions are a significant and crucial part of their financial future. Thus, any claims related to this sphere can be quite concerning.
What’s in a Name?
Everyday Financial Advice Ltd has been associated with several names and titles over the years:
- Initially registered as 'Everyday Financial Advice Ltd' from 6th February 2013.
- 'Tudor Court Financial Planning' has been their effective trading name since 25th February 2013.
- Additionally, 'Tudor Court Financial Planning Ltd' was also an appointed representative from 19th June 2013 and was effective up to 11th July 2019.
The Path Forward
At CP Financial Claims, we recognise the weight that such revelations can have on individuals who might have been clients or have had dealings with firms like Everyday Financial Advice Ltd. We're dedicated to offering insights, support, and assistance as more information unfolds.
Currently, the full spectrum of this situation is yet to be revealed. As and when we receive more information surrounding any of these firms, we will update our website. It's essential to be proactive, safeguard your financial interests, and ensure that you're on the right side of any developments.
Trust CP Financial Claims to stand with you as we navigate the ever-evolving landscape of the financial industry. We're here to help, guide, and ensure that you're not left in the dark.
If you believe you might have been affected or have any concerns, please enter your contact details into the form attached to this page for a free, no-obligation chat.