Harlequin Property SIPP Claim
Harlequin Property was an unregulated, overseas investment opportunity. Luxury apartments and villas were to be built in the Caribbean, and other exotic locations. Advisors sold these on the promise of huge returns on property the investors would own once they had been built.
However, only some of the properties were completed and Harlequin Properties recently went into insolvency, with many of the investments now having little or no value at all. The Financial Ombudsman Service has seen 100’s cases involving Harlequin Property, and in many of these has ruled in favour of customers who were encouraged to invest sometimes tens of thousands of pounds of their hard earned pension.
The Serious Fraud Office has also charged employees of Harlequin of Fraud by Abuse of Position. It is clear that the majority of people who took out an investment involving Harlequin Properties would have taken an investment completely not suitable for them.
Does your SIPP involve overseas property investments based in the Caribbean, Dominican Republic, or Brazil?
There’s a good chance this was mis-sold to you. We can help you get back your money that is tied up in this potentially worthless investment. People are losing money through not only the initial investment but also through sky-high fees eating into their pension pot and potentially, from what other savings they may have. If you feel this could be you, contact us at the number above to speak to an experienced pension claims advisor, or fill out the form below and we will get back to you.
Grounds On Which You May Have Been Mis-Sold a Harlequin Property in your SIPP?
In order to determine if you are eligible for a SIPP compensation claim please check If any of the following statements is true in your case:
- Harlequin Property did not explain the pension transfer & investment risks to you properly.
- Your financial situation was not properly assessed with a fact find by Harlequin Property.
- You felt uncomfortable or pressured by Harlequin Property into an investment that you didn’t need or want.
- Harlequin Property did not explain that the amount you get back will depend on performance.
- Harlequin Property did not accurately explain the fees and charges that would be incurred.
- You were unaware that Harlequin Property had advised you to invest in an unregulated investment.
- You were not advised by Harlequin Property about exceeding the £40,000 tax-free limit would make you liable for the 55% income tax.
- You feel that you were given poor advice by Harlequin Property concerning SIPPs which has left you worse off financially
If any of the above points stand true, then it may be possible for you to get compensation.
Pension Redress Calculator
How To Use The Calculator
Our pension redress calculators will give you an indication of how much your mis-selling refund could be worth. If your case is upheld, the exact value of your refund will not be known until all the facts of your case have been disclosed and a final figure calculated by the firm.
1. Enter your details into the Red Boxes
Ongoing Monthly (£) is optional if you continued to pay in each month after switching.
2. Choose your growth rate %pa.
Select the rate that you feel your previous pension was growing at. 3% Low, 6% Medium or 9% High rate.
3. Compare your values.
See what your pension would have been worth if you had left it in the previous scheme vs. the new scheme. Choose to compare current value or value at your chosen retirement age.
I Think I’ve Been Mis-Sold An Investment Scheme by Harlequin Property, What Next?
If you believe you have been a victim of mis-selling it's easy to start the SIPP claim process and find out. Just complete the form below and one of our experienced team members with extensive knowledge of the SIPP complaints process will call you back to start a FREE SIPP claim assessment.
Our team of SIPP claim specialists can help you recover compensation if you were given unsuitable advice regarding what to invest in and the risks involved through SIPPs.
Please get in touch with us if you have any questions regarding your SIPP and how it was sold to you. We are happy to discuss any concerns and start a free SIPP claim assessment for compensation.
Even if the financial adviser who sold you the investment or the firm(s) you invested in are no longer trading, our experienced team may still be able to recover some of your losses. Get in touch and discuss your case with us.
Alternatively you can call us on FREEPHONE 0800 310 1520 to speak to one of our team members who are available Mon-Fri 9.00am - 5.30pm.