Whether your investment was made through a Self-Invested Personal Pension (SIPP) or through a SSAS or Investment ISA, all investments carry an element of risk.
But… some investments expose your money to more risk than others, and it’s the job of your Financial Adviser (IFA) to make sure that the investments they are putting you in are suitable.
putting you in are suitable for you.
✅ Your adviser reviewed your existing pensions and only recommended you transfer them into a SIPP.
✅ Your adviser did not explain changes to tax rules could affect your investments.
✅ Your adviser recommended a SIPP but did specify investments within the SIPP.
✅ You were contacted out of the blue by an introducer promising high return investments.
✅ You lacked experience in managing investments.
What does a Mis-sold Investment look like?
Mis-sold Investments are often the cause of a financial adviser’s negligence when advising you.
If you invested in high-risk products, and didn’t want to take big risks with your investments then your financial adviser may be negligent if they advised you invest your money or pension into things like:
Land waiting for planning permission.
Hotels, Houses, Forestry, Plantations…
Parking spaces at airports and town centres.
Storage Units for renting out.