Mis-Sold SIPPS Claims
Have you received bad advice from a financial advisor about your SIPPs Pension?
What is a mis-sold SIPP?
A Self Invested Personal Pension (SIPP) can offer much wider investment options than other pension types as it allows you to invest in a wider array of assets such as stocks and shares, property and bonds. When skilfully invested, the returns can be extremely profitable.
Often known as a DIY pension; with a SIPP you can control and manage your own investments or pay a Financial Adviser to help you. The first 25% of your fund as a tax-free lump sum, then depending on the size of your ‘pot’ you can take the remaining as an annuity, another lump sum or with regular withdrawals.
Given the financial potential, SIPPs have been extremely popular. They do however come with risk as they are not guaranteed, and you may get back less than you invest.
Due to the appealing nature of SIPPS, many Financial Advisors used scrupulous methods to entice people to transfer their pension savings to a SIPP, as a consequence of this mis-selling, many pensioners have lost part or all of their pension as a result.
How can I make a mis-sold SIPP claim?
If you received bad advice or not enough information, it’s likely that you were mis-sold SIPPs and you could claim thousands in compensation. To find out if your eligible to make a claim, contact our expert team of advisers to start the SIPP claim process. We’ll be able to review your case and help you win the compensation you deserve.
How do I know I've been mis-sold SIPPs?
You may have been mis-sold SIPPs by a Financial Advisor and able to make a claim for compensation if:
- You were promised guaranteed high returns
- Fees and commissions were not disclosed
- You were not made aware of all the risks of your investments
- You were advised to invest in non-standard investments
- An Advisor used hard selling tactics
- You were advised to switch to a SIPP when your previous pension scheme was more suitable for you
Try our free, no-obligation eligibility check
Apply online or speak to one of our friendly team over the phone and find out if you're eligible for compensation. We offer a free, no-obligation eligibility check, just fill out our Mis-Sold SIPPS enquiry form.
Apply OnlineRequest a call