A Claims Management Company

Mis-Sold investment - Blue Infinitas

Latest update: 24th August, 2016 (FT Adviser)

Case Points

Total amount invested

Unknown

Why did people invest in it?

BlueInfinitas offered financial advice to their customers, specialising in pensions transfers.

Why was it mis-selling?

On 11th January 2016, the FCA withdrew BlueInfinitas authorisation to conduct regulated business.

Potential value of cases

Unknown

Summary

BlueInfinitas Ltd was founded in November 2013, and was based in Weston-super-Mare, North Somerset. It was a financial advice firm which specialised in offering pensions transfers into SIPPs.

In May 2015, BlueInfinitas Ltd entered into liquidation. In December 2015 and January 2016, the firm lost two Financial Ombudsman Service cases, one related to a £64,000 investment into an unregulated investment, and the other related to £87,000 in investments including £29,000 into unregulated investments. The firm was then declared insolvent by the FSCS in February 2016.

When approached in August 2016, the liquidators stated that the firm had highly limited capacity to pay the firm’s liabilities. As of August 2019, the liquidation remains in progress.

You are likely to have a potential claim on the basis of advice from a regulated firm. The claim above is only an example of a potential claim. Each claim is judged on its individual merits and as such, we cannot guarantee that your individual claim will be successful or that you indeed may have grounds for a claim.

Start your enquiry


Please wait...