Latest Blogs – Sipp Claims, Providers and Investments

You may have an eligible claim for compensation if

• You were encouraged by your financial adviser to change your investments without a proper explanation of the reasons why you should be doing this.
• You were assured that your SIPP pension value would increase by your financial adviser but has fallen.
• You were not properly informed of the factors which could result in a reduction of the value of investments
• You felt uncomfortable or pressured by your financial adviser into an investment that you didn’t need or want.
• The pension transfer & investment risks were not properly explained to you by your financial adviser.
• Your financial adviser did not properly assess your financial situation by carrying out a fact find exercise.
• At no time did your financial adviser make you aware that your funds were being invested in an unregulated investment.
• You feel that you were given poor advice by your financial adviser concerning SIPPs which has left you financially worse off.
• Information was not provided by your financial adviser about exceeding the £40,000 tax-free limit would make you liable for the 55% income tax.