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Inspirational Financial Management Ltd, a firm once known for its services in pension transfers and equity release, has recently undergone significant changes, notably entering liquidation. This development is crucial for clients and stakeholders who have been associated with the firm.
If you believe you have been affected by advice regarding your pension transfers from Inspirational Financial Management, please read on as you may be able to claim back money for your losses.
As of now, Inspirational Financial Management Ltd is in liquidation. This status indicates that the firm is in the process of winding up its affairs and distributing its assets. Clients and stakeholders should be aware of this significant change in the firm's operations.
Effective from November 13, 2020, the Financial Conduct Authority (FCA) imposed asset restrictions on the firm. Specifically, Inspirational Financial Management Ltd must not engage in any activities related to its assets without the prior written consent of the FCA. This measure reflects the regulatory body's oversight and ensures compliance with financial regulations.
Inspirational Financial Management Ltd was categorised as an Article 3 MiFID-exempt firm since November 1, 2007. This designation required the firm to adhere to specific regulations under The Financial Services and Markets Act 2000 (Markets in Financial Instruments).
There is a notable link between Inspirational Financial Management Ltd and Reis Financial Planning, with shared directorship providing a connection between the two entities. Furthermore, Lifetime Equity Release Ltd served as an appointed representative of Inspirational Financial Management Ltd from April 17, 2019, to April 30, 2021.
Inspirational Financial Management Ltd operated under various trading names, including IFM Mortgage Solutions and IFM Retirement Solutions, since February 2006, and under its own name since March 2003. It was previously known as Lifetime Solutions between November 2019 and October 2022.
Amidst the unfolding events at Inspirational Financial Management Ltd, here at CP Financial Claims, we are dedicated to assisting you through these complex times. Our expert team is ready to provide guidance and support for your financial concerns, especially in matters related to pensions and equity release affected by this situation. Trust us to navigate these challenges with you, ensuring your financial security and peace of mind.
There is not a vast amount of information out there regarding Inspirational Financial Management Ltd, however, as and when we receive more information, we will update this page.
In the meantime, if you recognise any of the firms discussed above, or think you may have been affected by advice surrounding pension transfers and equity release, please reach out via the form for a free, no-obligation chat with our team.
You are not obliged to use our service. It is possible for you to present your claim for free, either to the firm, or person against whom you wish to complain, or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.
