Global Plantations Ltd was a UK based company that was established in 2010 and promoted an overseas forestry investment involving tree plantations in Malaysia and Bali. The company was dissolved in 2019 following liquidation.
These types of investments are considered high-risk and therefore only suitable for certain types of investors.
However, many investors who were not suitable still ended up invested in Global Plantation Ltd through their SIPP pension.
One IFA known to have advised on this investment was Cherish Wealth Management who had connections with pension introducer Avacade. SIPP providers Liberty and Guinness Mahon are known to have included Global Plantations Ltd in their SIPP portfolios.
Whether it’s down to the advice from an IFA or a lack of due diligence from the SIPP provider; if you’ve been mis-sold and can prove your case, you could receive compensation.
Whilst each case is individual, as mis-selling specialists we know to look for certain signs that in our experience indicate that mis-selling may have happened.
Our assessment is free and there’s absolutely no obligation to use our service if you have case.
You are not required to use our services to pursue your claim. You can also seek further advice or shop around subject to any time limits within which a claim must be made.
It is possible for you to present the claim for free, either to the firm or person against whom you wish to complain or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.