Mis-Sold Pension Claims
If you have been advised to invest your pension into a Self Invested Personal Pension, you may have been mis-sold and could be owed compensation.
Self Invested Personal Pension (SIPP)
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 than 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.
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Examples of SIPP Investments
Examples of some of the investments recommended include:
- Storage Pods
- Overseas Properties
- Ethical Forestry
- Carbon Credits
- Farmland
- Biofuel
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.
Was I Mis-Sold My SIPP?
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
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Our expert advisors are available to help with your claim.
