Liberty SIPP

If you invested your pension into a Liberty SIPP you may want to check if you should be claiming compensation for mis-selling

Liberty SIPP was yet another provider under fire for allowing investors to get into high-risk, unregulated investment schemes as part of their SIPP. 

Liberty SIPP Compensation Cases

In 2018 it was reported that 500 cases were submitted to the Financial Ombudsman Service (FOS) on behalf of clients who had lost money due to these high-risk investments. 

Liberty had high-risk, unregulated investments such as Ethical Forestry, Agro Energy, Global Plantations & GAS Verdant in some SIPPs

In some of the FOS decisions the company were found to have breached its duty of care towards their clients. Not only for allowing clients to invest in the unsuitable and high-risk investments in their SIPPs, but also for accepting the business introduced by Avacade.

Avacade 

Many mis-selling cases involve Avacade – an unregulated introducer company – that reportedly cold called people to discuss transferring their pension, in this case, into investments with Liberty SIPP.  

Avacade were involved in a high court case regarding their pension report service. They were highlighted by the FCA for making “misleading statements” and “carrying out regulated activity without the required authorisation or approval”

Latest on Liberty SIPP 

Liberty SIPP Ltd entered into administration in April 2020 and it’s believed this was due to the volume of complaints against the provider relating to SIPP mis-selling.

Update 26th Jan 2021 – The FSCS have completed their investigation and the firm has now been declared in default. This means potential claims for compensation will now be assessed by the FSCS.

Liberty sold its client bank to EBS Pensions, a subsidiary of the Embark group.

Get a free expert opinion

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.

Key Facts

1
Liberty had high-risk, unregulated investments such as Ethical Forestry, Agro Energy & GAS Verdant in some SIPPs
2
Accepted business from an unregulated marketing company Avacade who were cold calling people about moving their pensions
3
They went into Administration in 2020 and were declared in default by the FSCS in January 2021

We win more than 9 out of 10 claims

The cost of our service is 15% + VAT on the total monies awarded for a successful claim. Our cost is also priced capped at one of the lowest rates.

Rodders Hewitt
2024-03-08
Pension Claim Consulting Ltd ...have for me done a great job ...within the expected time scale ...Couldn't have asked for more
Phil C
2024-02-23
Thank you to all at PCC. My claim was managed brilliantly and was successful. I can highly recommended their services. Thank you once again
Christopher Fraser
2024-02-07
After identifying a concern regarding my pension, I sought advice from Pension Claim Consulting. The response and customer service was swift and amazing. The courtesy and care taken throughout the whole process was phenomenal. The consultant’s communication from start to finish filled me with confidence that PCC do exactly what they state and were on hand whenever required. The level of understanding, empathy for the frustrations, and patience is by far the best I’ve witnessed. I cannot thank PCC enough for their outstanding work ethic and dedication to customers/clients. If you have any concerns at all regarding your pension, then I would highly recommend that you get in touch with them.
Andy Yates
2024-02-06
Fantastic service, so impressed with Pension Claims Consulting. None stop updates throughout and everyone who works there was so helpful and supportive in every way. Thank you so much for getting my pension back.
Robert Manningham
2024-02-05
Pension Claim Consulting Ltd successfully won a case on my behalf following misguided advice I received in relation to my pension. They were most proactive in the process and kept me fully informed every step of the way. I have no hesitation in recommending their services.
Deanamo 84
2024-02-05
Very professional, very thorough and very good at what they do. Always at the end of the phone or email for any questions at anytime throughout the process. I can’t recommend them enough.
Roger King
2024-01-16
Pension Claim Consulting managed to reclaim some of my pension by constantly chasing the company that fraudulently took my money. I though that I had lost everything. I cannot thank them enough on recovering some of my pension back.
Susan Stringer
2023-10-17
Excellent standard of service. The claim was protracted substantially by virtue of opponents trying hard to not accept any responsibility for their actions and not return the pension fund. PCC kept me fully informed throughout the process, obtained an excellent result for me.They also kept chasing the opponent when little action was taking place from them. The staff were always pleasant and helpful to deal with and very encouraging when I felt my claim was doomed to failure. I can not praise highly enough
Paul Wilshaw
2023-10-17
Very professional and informative from the beginning of our 5 year relationship. They talked me through every step of the process with what to expect. I would recommend Pension Claim Consulting to anyone who wants an honest and professional service.
Bill Cass
2023-10-16
Great team and they will get the best outcome they can always kept informed the process took a longtime not because of anything pension claims consulting did purely the pension sip provider playing games i would 110% recommend this company to pursue your claim without doubt best thing i have done they didn't give up on my claim even though I had given up on any good outcome however finally resolved and paid thank you pension claim consulting
Important Information!

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.