Mis-sold SIPP’s & Investments
Did you lose money after following bad advice?
Start your ‘no win, no fee’ claim today
Mis-Sold SIPPs and Investments
When you want to claim compensation for a mis-sold investment or SIPP, it is often difficult to know where to start or what you need to establish to prove your case. Luckily, you’re in the right place. Our team here at Lincoln Green Solicitors Ltd are experts at unravelling these types of claims and getting the best possible outcome for you.
Many of our clients have previously trusted and relied upon information that has been given to them by their Independent Financial Advisor (IFA), or have been cold called and asked if they would be interested in having a “free pension review”. If you followed the advice of your IFA and have now lost money on an SIPP (Self Invested Personal Pension plan) or an investment, please contact us to find out if we can help you claim compensation.
We have found that clients are often persuaded to surrender their existing investments or pension plans because the advisor suggests that they can earn a better return elsewhere. Unfortunately, many clients will discover that in order to get better returns, they could be exposed to bigger risks and lose some, if not all, of their investment.
The following questions can help you to figure out whether or not you have been the victim of a scam.
Were you unfamiliar with the investment being promoted?
On some occasions our clients are unfamiliar with the IFA who is now purporting to act for them, or they may be unfamiliar with the types of investments being promoted. Some examples of common question investment ‘opportunities’ include: storage pods, car parking spaces, Ukrainian land, Brazilian rainforests, or off-plan foreign property. Even if an investment opportunity is advertised in a nice glossy brochure, it isn’t necessarily viable.
The north-west of the UK is scattered with partially built student accommodation and apartment blocks, where returns of 10-12% were suggested. Cape Verde and many islands in the Caribbean are populated by abandoned building sites and fields where investments in holiday accommodation were supposed to have been built – but never were.
Were you advised to surrender your existing investments in pension plans?
If you have been advised to surrender your existing pension and take out a SIPP, then we would like to hear from you. You may have placed your investments in high risk products, and the SIPP provider and/or your IFA may have acted irresponsibly.
It is the duty of the IFA and SIPP provider to determine whether you are a ‘retail’ or ‘sophisticated’ (professional) investor, your level of experience in the type of investment being offered, and the value of the monies that you currently have invested other than in your home. It is also their responsibility to determine what the impact on you would be if you lost some (or all) of your investment and the level of risk that you are prepared to be exposed to.
- Were they offering you fantastic returns that seemed almost too good to be true?
- Did they claim that this investment opportunity would only be available for a short period of time?
- Did they claim that they had lots of other clients who were also investing in the product that they were promoting?
- Was the IFA “pushy” or did they make frequent calls to you?
- Did they try and befriend you – until you made the investment?
- Were they keen to find lots of investment opportunities for you the moment you transferred your savings into an SIPP?
- Has the IFA since stopped calling you and disappeared?
If the answer to any of these is ‘Yes’, please call us on 0300 303 3819, or complete the contact form, and we will respond immediately.
Beware the ‘cold callers’ offering to help!
If you are being targeted by cold callers, chances are that your details are being illegally spread among scammers, or the callers could be associates of the original scammer. Either way, engaging a cold caller to help you pursue a claim is never the way to go.
We are here to help you; we NEVER cold call because we trust in our exceptional service and satisfied customers to do the talking. You have done the right thing by taking the time to find us, and we look forward to helping you.
Why use Lincoln Green Solicitors Ltd.?
Even if your Independent Financial Advisor or SIPP provider is no longer trading, you can still claim compensation. We are ready and eager to help you; there is no need to suffer in silence!
Our team have a long history of successfully pursuing financial claims under a ‘no win no fee’ agreement. We are highly motivated to win and will pursue your case with professionalism and efficiency as top priorities. We will always ensure that you are kept regularly updated about your case’s progress. Lincoln Green is regulated by the SRA, meaning we can be trusted to do what’s best for you.
Our team are available 9am-5pm
Start your claim now
With us, you can guarantee:
- We will aim to ensure your claim is settled promptly
- We will not charge any upfront fees
- We will keep you updated on your case’s progress
- We will earn your trust; we never cold call or use other questionable tactics to gain clients
The information on our website is intended to provide an overview of the services that we provide and does not constitute legal advice. If you wish to discuss your particular circumstances please contact us.
Authorised and regulated by the Solicitors Regulation Authority SRA No. 650601
Registered office: Artemis House, 4 Bramley Rd, Bletchley, Milton Keynes MK1 1PT