SIPP Pension Claims
Self-Invested Personal Pensions (SIPP's) were designed as a way for pension holders to take control of their pension, and place it in an alternative investment, such as off-plan overseas property, wine production or carbon credits.
IN SIMPLE WORDS WHAT IS A SIPP?
A Self-Invested Person Pension (SIPP) typically involves a person moving their pension funds into an investment/asset. More than a million people in the UK have transferred their pensions into SIPPs with the majority being happy with their returns.
MIS-SOLD PENSION TRANSFER
Sadly we have had many clients transfer their hard earned cash into high-risk SIPP pensions below through poor financial advice. Discovering their pension values severely reduced or even dropped to zero through these investments being seriously flawed or with no little chance of success we, with our wealth of claims experience have helped many people recover their losses.
WHAT WE DO
We represent hundreds of people who were advised to transfer their pensions into SIPPs that were used to pay deposits on failed investment schemes, including property, that have collapsed.
This also includes invested companies that have ceased trading or alternatively still in business.
Although every case is different, our claims against the IFAs (Independent Financial Advisors) who advised their clients to take out these financial schemes and against the companies that organised the ‘wrapper’ that the money was transferred into have shown a very high success rate.
This year we expect to recover more money for our clients because the FSCS (Financial Services Compensation Scheme), the safety net for members of the public who have been mis-sold financial services has allocated funds to compensate people who were wrongly advised to transfer their money into SIPPs pensions.
We are here to support you if you have been a victim of financial loss through:
Your pension losing it's value
Mis-informed advice about the risks involved and what would happen
Alternative products being offered