Martin Rigney SIPP Claim
Mr Rigney used to trade under Topps Rogers Financial Management. He was given a ban and a £117,330 fine in October 2012 after he advised 94 clients to invest a total of £12 million in unregulated investment schemes between 2006 and 2010. These investments were with the Poland Geared Growth property fund.
Clients were originally advised to invest via Royal Skandia bonds with a safe, non-risky spread of investments in various funds, before Mr Rigney forged signatures and switched investments to the Polish fund. For his actions, Mr Rigney was eventually sentenced to seven years in prison for his crimes.
Since his crimes have come to light, many of his customers have attempted to secure more than £2.5 million that was invested through the funds he promoted. If you have had dealings with Martin Rigney or Topps Rogers Financial Management there is a good chance you would be entitled to compensation, contact us today to start your claim.
Grounds on Which You May Have Been Mis-Sold
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:
- Martin Rigney IFA did not explain the pension transfer & investment risks to you properly.
- Your financial situation was not properly assessed with a fact find by Martin Rigney IFA.
- You felt uncomfortable or pressured by Martin Rigney IFA into an investment that you didn’t need or want.
- Martin Rigney IFA did not explain that the amount you get back will depend on performance.
- Martin Rigney IFA did not accurately explain the fees and charges that would be incurred.
- You were unaware that Martin Rigney IFA had advised you to invest in an unregulated investment.
- You were not advised by Martin Rigney IFA 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 Martin Rigney IFA 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
Our pension redress calculator 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.
To use the calculator please follow the instructions below.
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.