This will enable investors to get back some or all of the money they have lost as a result of the transfer of their pension benefits from existing pension arrangements to high-risk investments.
This action is related to the way in which the firms established, operated and administered the SIPPS, SSAS’ or Family Pension Trusts through which the consumers invested, signaling due diligence failings.
Can I Claim Compensation?
Some of the providers being investigated include:
Brooklands SIPP / Brooklands Trustees – now with Heritage Pensions Ltd
Stadia Trustees also known as Noisnep Sipp, Essential Sipp, Essex Community Foundation Sipp, Hero Sipp, Investor Club Sipp, Ipswich Sipp, Liberator Sipp and Munro Sipp – now with Mattioli Woods
Montpelier Pension Administration Services / Montpelier / MPAS – now with Curtis Banks
If you have had dealings with any of these providers it’s worth getting in touch with us to investigate if you are able to claim.
Check your Investment
Clients usually have got no idea that their investments may have been unregulated and high-risk with potential of causing the loss of their entire retirement provision. They are usually also not sure if or who the IFA firm was involved in arranging the pension transfer or the establishment of the new pension.
We offer to check this for them – making it an easy process for all involved.
If you are at all concerned about an investment, contact us as soon as possible so that we can start to investigate.