charles derby direct

sirguy

hi has anybody had dealings with this financial advice company and know if they are any good as I cant seem to find much info on the web ie reviews thanks

LHW99

"Charles Derby Direct is a trading style of Charles Derby Wealth Management Limited which is an appointed representative of Intrinsic Wealth Limited and Intrinsic Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority. Registered in England 07629860."
(from the footer on their site at https://www.charlesderbydirect.com/)
Charles Derby Wealth Management, the company owning the registered no. was incorporated in 2011, and is an "Appointed Representative" in the FCA register:
https://beta.companieshouse.gov.uk/company/07629860
https://register.fca.org.uk/shpo_searchresultspage?search=charles+Derby&TOKEN=3wq1nht7eg7tr

Seems a bit of a long chain to get back to Intrinsic Wealth Management Ltd, and this is apparently no longer authorised
https://register.fca.org.uk/shpo_searchresultspage?search=intrinsic+wealth&TOKEN=3wq1nht7eg7tr
I cannot find Intrinsic Mortgage Planning listed on the FCA site.

IMO it is not a firm I would consider using, but I have no direct experience.

sirguy

they are trying to sell me a drawdown pension and just wondered if anyone could recommend them or otherwise

quotememiserable

Did they contact you first, by any chance?

xylophone

You already have a pension and want to transfer it elsewhere so as to access via drawdown?

Had you considered consulting an Independent Financial Adviser?

https://directory.moneyadviceservice.org.uk/en

Silvertabby

Did they contact you first, by any chance?

If they did, then there's your answer - they're scammers.

dmelife

They are not scammers. Big firm part of a massive network who are owned by Old Mutual

Silvertabby

They are not scammers. Big firm part of a massive network who are owned by Old Mutual

Fine if they didn't call cold the OP.

LHW99

They are not scammers. Big firm part of a massive network who are owned by Old Mutual

Have you a link for that?
To add to / correct my earlier post, "Intrinsic Wealth Ltd" is FCA authorised,
https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000MfNFVAA3
My error in post #2 as I read the covering company as Intrinsic Wealth Management Ltd

dmelife

https://www.oldmutualwealth.co.uk/Media-Centre/2014-press-releases/February-2014/Old-Mutual-Wealth-acquires-Intrinsic-to-accelerate-growth-strategy/

sirguy

I filled an online form for annuity rates and they contacted me the day later offering a pension review