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Wellington court financial services ltd not coughing up on FOS final decision RE: +£58k Pension- help enforcing & using form N322A


Simmonds7
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Are you planning to speak to the FoS on Monday? Depending on how it goes, it might be worth asking if you can get the FCA involved as well. As a bit of a long shot, you also have the Irish financial regulator.

 

Also, who are you in touch with at Wellington and have you had dealings with their compliance people at all?

 

This may have limited relevance but when I was searching on the internet, I came across this article from the trade press. They were told to stop advising on pension transfers.

 

WWW.MONEYMARKETING.CO.UK

The FCA has stopped a firm involved in transfers out of a local government pension scheme from engaging in such activity. 

 

There's even a high court case against them by Pension Advice Specialists Ltd, accusing them of plagiarising a report they'd written. Sadly, I'm not eligible to join the site below and I haven't found anything about the case outcome so far.

 

WWW.LAW360.COM

A British pensions adviser has sued a financial services company in London to stop it from using a report to make retirement recommendations...

 

They seem to have a lot of problems and I notice that the ombudsman says they're aware of other complaints about Wellington Court, so there may be other awards against them.

 

HB

Illegitimi non carborundum

 

 

 

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Thank you for the information I will have a read.

 

I have informed FCA already and they have noted it.  I will contact them again Monday to give them the update on their last email.

 

I have phoned my case worker at FOS twice and no call back yet. I have forwarded their emails to her though.

 

I know of 200 that are after Wellington court financial services ltd in regards to Guiness Mahon alone.

 

I will look into the Irish Ombudsman too.

 

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200 people? That's a vast number. Have you formed a group?

 

I guess it's wirth contacting Ireland, the regulator seems to be the Central Bank of Ireland.

 

WWW.CENTRALBANK.IE

This is the landing page for the regulation section of the Central Bank of Ireland's website.

HB

 

Illegitimi non carborundum

 

 

 

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My accountant introduced me to a guy that was an introducer but not FCA registered so couldn't do the transfer etc so gave our details to Wellington court financial services ltd who phoned us and dealt with everything and advised us to go with dolphin 

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I reported them to financial regulator in Ireland and here in UK for non compliance of FOS final decision.  Got a reply from them.....

 

Thank you for your emails dated 21.11.2021 and 22.11.2021.

 

We understand that you are a very angry man as you have been badly let down by Guinness Mahon and Dolphin Capital.

 

Please note:

 

You know that you did not have any dealings with Wellington Court Financial a Service Ltd (Wellington) and did not receive advice from Wellington.

 

You clearly instructed and dealt with third parties unknown to us.

 

You gave transfer instructions directly to your pension plan providers to transfer your pension/s to Guinness Mahon who invested in an unregulated fund in Germany, Dolphin Capital.

 

You have lodged an unwarranted complaint against Wellington with the FOS.

 

You appear to have entered into a conspiracy to defraud Wellington for your commercial benefit.

 

The decision from FOS is based on a mammoth cover up and fraudulent documentation that has been produced as evidence.

 

As previously stated your claim against Wellington Court Financial Services Ltd is fraudulent.

 

Please refer to Fraud Act 2016, (Fraud by false representation {Section 2}, Fraud by failure to disclose information when there is a legal duty to do so {Section 3}, Obtaining services dishonestly {Section11})

 

The FCA is fully aware of the Guinness Mahon matter, involvement of third parties and their clients making fraudulent claims since 2016.

 

Any liability is denied as it is a fraudulent claim.

 

We value our regulatory status and we do not deal with unregulated products. We have not had any dealings or connection with Dolphin Capital in the UK, Ireland or abroad.

 

We reserve the right to file a counterclaim into the court for your fraudulent claim and damages to our good name and standing.

 

With respect you are “barking up the wrong tree”.

 

By sending us threatening and blackmailing emails you will not achieve your goals and may get yourself involved into unforeseen problems.

 

Therefore in your own interests you should put this matter into “balanced hands” and appoint a solicitor to deal with these issues before they get out of hand.

 

Please feel free to forward our email to the FOS if you wish.

 

Should you wish to discus the content of this email please do not hesitate to contact us or let us know the best time and we will telephone you.

 

Our solicitors will contact you shortly.

 

Wellington Court Financial Services Ltd reserves the right to protect its interests and its good name with the utmost vigour of the law.

 

 

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No personal name was given just Wellington court at the end.  Have phoned FOS 3 times and left messages, no return call received yet.  Have forwarded all emails onto FOS but no reply yet.  Have sent 3 emails asking them to advise etc and again no reply.  Am emailing my MP Monday if still no reply from them.

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I reported them to the FCA and the regulator in Ireland.  Both are not allowed to tell you of the outcome but it goes to the team that regulates them and they do not look favorably on companies that do not pay.

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Sure first one was...

"Today is day 28 since the legally binding final decision from the Financial Ombudsman Service was given and accepted by myself.  I have not had a reply to previous email or any correspondence from your company.  


Can you confirm payment will be made today? or a date when it will be paid.  


I want to hear from you by close of business today. 


As of Tomorrow 8% interest will be added for late payment and the form N322A will be filed at court on Monday.  This is just a formality so I can enforced payment with High Court Sheriffs.  The court costs and High Court sheriffs costs will be added to the amount owed.  


It is in the company's best interest to pay the amount owed and Communicate with myself as I am sure you do not want a CCJ on file against your company and high court sheriffs at your door. "


THEN SECOND EMAIL SENT WAS.....


"I have reported you to FCA for non compliance of FOS legally binding final decision.  I have also reported you to your other financial regulator at Central Bank of Ireland.  Both do not look favourable on non compliance of an FOS final decision.


I request that you reply to my response of your email sent Friday by end of today and confirm receipt of this email.


I am trying to assist your company by letting you know of the additional costs that will be incurred from high court sheriffs not threaten, I have won my case against you and i do intend to enforce it."

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Just got a reply from fOS

 

I’m sorry to hear that Wellington Court Financial Services Limited hasn’t complied with the ombudsman’s decision. Unfortunately, there is little more that the Financial Ombudsman Service can now do. We have let the regulator (the FCA) know about this issue. But that might not be enough to change Wellington Court’s mind so you may need to consider taking legal advice for the best way to enforce the decision.

I’m sorry this isn’t the answer you were looking for. But we don’t have the power to enforce decisions – ultimately only the courts can do that.

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On 20/11/2021 at 11:13, Simmonds7 said:

Thank you for the information I will have a read.

 

I have informed FCA already and they have noted it.  I will contact them again Monday to give them the update on their last email.

 

I have phoned my case worker at FOS twice and no call back yet. I have forwarded their emails to her though.

 

I know of 200 that are after Wellington court financial services ltd in regards to Guiness Mahon alone.

 

I will look into the Irish Ombudsman too.

 

 

You can make that 201 complaints.

 

I also came to learn that Wellington CFS had a hand in my Scottish Widows pension transfer to Guinness Mahon.

 

I had some contact with them and an email saying  they had no record of me.

My case is with FOS.

I know of one other whose FOS claim against Wellington CFS has been upheld and FOS have instructed Wellington to pay back the initial investment + interest + costs.

 

I personally think Wellington CFS days are numbered. 

Edited by dx100uk
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I seriously doubt you'd ever get anything from them if they go bandy.

 

However its worthy for people to investigate the fscs here.

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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