The following, wherever possible, should be included:
- Copies of any contract or agreement documents with Premier FX
- Evidence of the total amount of money sent to the company
- A schedule of payments made to Premier FX (including details of the currency and any instructions made to the company in this respect
- Copies of bank statements confirming payments to Premier FX
- Details of the specific Premier FX account or accounts paid into
These details should be sent to:
PKF Geoffrey Martin & Co
1 Westferry Circus
Canary Wharf
London
E14 4HD
Customers can contact the administrators using the following details: Email: premierfx@geoffreymartin.co.uk
Tel: 0207 495 1100
If you have been affected by the Premier FX collapse, and have been trying to contact the firm, you are advised to now send all correspondence, in writing, to the administrators.
Various investigations are being launched and news reports suggest that the Bank of England and the Financial Ombudsman are already involved alongside the Financial Conduct Authority.
While the inevitable worry and uncertainty that expat investors must be feeling is understandable, at the very least the knowledge that a process of investigation is now underway should hopefully mean that answers, and hopefully financial restitution, will be provided at some time in the future.
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
The UK has had an unprecedented period of low interest rates; 2009 saw the base rate drop to 0.5 and then last August down to 0.25. That’s eight years of extremely low interest rates. Whilst this has been great for borrowers and helps to keep the business economy afloat, it has been disastrous for those people in or approaching retirement. Annuity rates have been terrible for pension income returns and the bank rates for the people who have savings have been providing very poor returns.