Pensions
Mar 5th 2026 | 10:32 am
#16
Forum Regular
Joined: Jul 2015
Posts: 37
From: Indianapolis
Re: Pensions
Your advice was given unlawfully.
Financial advice is regulated by the SEC for US Residents, regardless of where the assets being advised on are located.
UK FCA regulated advisers are not allowed to give advice to US residents except incidentally, for which there are exemptions.
AJ Bell are also in breach of US Broker Dealer laws by providing dealing to a US Resident without any SEC authorisation or oversight.
The SEC just shut down Interactive Investor and My Expat SIPP for non compliance, and Investcentre will meet the same fate eventually.
Headway Wealth use their one US adviser (they do not have their own US company) to market in the US, and then place all advice on UK pensions through their US business, which is illegal, not to mention defrauding their US principal.
Only one of them is US regulated, the chap you mentioned, who worked for the infamous ****** group for many years. All their other advisers, including the two founders, also historically connected to dodgy firms in the middle east, are not US regulated.
Financial advice is regulated by the SEC for US Residents, regardless of where the assets being advised on are located.
UK FCA regulated advisers are not allowed to give advice to US residents except incidentally, for which there are exemptions.
AJ Bell are also in breach of US Broker Dealer laws by providing dealing to a US Resident without any SEC authorisation or oversight.
The SEC just shut down Interactive Investor and My Expat SIPP for non compliance, and Investcentre will meet the same fate eventually.
Headway Wealth use their one US adviser (they do not have their own US company) to market in the US, and then place all advice on UK pensions through their US business, which is illegal, not to mention defrauding their US principal.
Only one of them is US regulated, the chap you mentioned, who worked for the infamous ****** group for many years. All their other advisers, including the two founders, also historically connected to dodgy firms in the middle east, are not US regulated.
Mar 5th 2026 | 8:20 pm
#17
Just Joined
Joined: Oct 2023
Posts: 28
Re: Pensions
*through their UK Business
But yes, everything there is accurate. They also have the marketing names they use under foreign-regulated firms (USA, Europe, Global for Blacktower Group) on the FCA register as the Trading name of their FCA-regulated firm. Those firms are not connected. Creating a false connection like that to try to insinuate a relationship that does not exist is arguably an act of outright fraud.
This firm is run by out-and-out charlatans.
But yes, everything there is accurate. They also have the marketing names they use under foreign-regulated firms (USA, Europe, Global for Blacktower Group) on the FCA register as the Trading name of their FCA-regulated firm. Those firms are not connected. Creating a false connection like that to try to insinuate a relationship that does not exist is arguably an act of outright fraud.
This firm is run by out-and-out charlatans.
