Police Probe Financial Business Collapse

By Paul Warren
In October 16, 2018
Comments off

An article published on the BBC News website on Sunday detail a police investigation following the collapse of Universal Wealth Management, an Ipswich based Financial Wealth & Estate Planning business.

The collapse has left dozens of clients fearing for their life savings. Universal Wealth Management ran seminars called ‘Keep It In The Family’, in which they promised to protect people’s assets from Inheritance Tax and avoid Care Home Fees. After attending a seminar, people typically put their home into a Trust run by the company, which meant they no longer officially owned it. The idea was that local authorities would then disregard the property in the event someone needed Long-Term Care.

The report suggests that this business was appointing themselves as professional trustees of the home protection trusts and then acting fraudulently with the assets they were managing as trustees.

At Redwood Family Wealth & Estate Planner’s, all our Home Protection Trusts are family controlled and only your loved ones are the trustees, not Redwood or any other professional firm.  This means that only those who you have entrusted and empowered to act on your behalf can do so.

Redwood Family Wealth & Estate Planners is one of the Souths leading Pensions, Wills, Trusts & Estate Planning providers and we are dedicated to helping families to Grow, Protect and Enjoy their wealth. With our unrivalled knowledge of Pension and Financial Wealth Planning, we can advise on any situation. Join us at one of our Free Public Information Seminars on Wills, Trusts & Estate Planning: Book online Book Me A Place!, Call us on 01489 877 547 or Email info@redwoodfinancial.co.uk to book a FREE Initial Meeting with us to review your Financial Planning needs.

Comments are closed.


Redwood Financial Family Wealth & Estate Planners Ltd is Directly Authorised and regulated by the Financial Conduct Authority. FRN number 774469.

Subscribe to our free monthly Wealth Management update.


The Financial Conduct Authority do not regulate, Will Writing, Buy to Let Mortgages, Auto-Enrolment, Tax Advice and Estate Planning. Your capital is at risk. Investments can fluctuate in value and investors may not get the amount back they invest. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. https://register.fca.org.uk/

Contact us

Telephone: 01489 877547
Email: info@redwoodfinancial.co.uk

Company information

Redwood Financial Family Wealth and Estate Planners Ltd Company Number: 08926661
Registered Office Address: Wellesley House, 204 London Road, Waterlooville, Hampshire,