Over the past 15 years, many customers were encouraged by financial advisors to move their pension into a Self Invested Personal Pension (SIPP). These pensions gave greater flexibility that the more standard pensions and allowed consumers to place their money into a greater array of investments.
Unfortunately, the advice to move into a SIPP was often reckless and inappropriate for the consumer with many of the investments being shown to be worthless.
Examples of some of the investments recommended include:
- Storage Pods
- Overseas Properties
- Ethical Forestry
- Carbon Credits
If you have invested into any of these products, it is very possible that you have been mis-sold. Our team specialise in helping with these type of claims and can review whatever documentation you hold to establish whether or not you are likely to be successful in bringing action.
Examples of how the SIPP may have been mis-sold include:
- The risks of the investment were not explained;
- The investment turned out to be illiquid;
- The fees were not explained;
- The risks associated with the product were not suitable;
- All of your money was placed into a single product;
Our expert advisors are available to help with your claim.
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