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  • Writer's pictureShashin Patel

Harlequin adviser, Allan McRoberts, declared in default

Allan McRoberts, based out of Glasgow and trading as AM Wealth Management Services, had four complaints upheld regarding Harlequin SIPP investments.

The Harlequin group were a group of companies that marketed and developed speculative investment properties such as hotel rooms in Caribbean resorts. The group was owned by Mr David Ames and in total impacted 6,000 investors.

Allan McRoberts advised clients to transfer pensions into a Self Invested Personal Pension (SIPP), that then invested in investments including Harlequin.

The claims were upheld as it was ruled that AM Wealth Management Services was responsible for the suitability of the investments that

The firm was declared in default by the FSCS in February 2019.

Should you have been impacted by this situation or have any questions about this article, please contact us on 0203 151 7150 or email

Strax Capital Legal is Claims Management Company and maybe able to help you recover money that you may have lost.



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