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.

Robert Pemberton
2022-04-11
Antony Stroud
2022-04-08
Excellent company, would definitely use again, they never gave up
Junior Geener
2022-03-20
always kept you informed has to what was going on .I'd recommend pension claim to anybody
Ian Gaynor
2022-03-14
A thoroughly positive result and experience. In all honesty I didn't have much hope of any success following a truly dodgy pension investment. I spent years angry at myself then decided to let these guys have a go on my behalf. It took hardy any effort on my part and they kept me fully informed, then out of the blue I got a call saying they have won all my pension back plus more and within days it hit my account. Thrilled with their effort and professionalism. I dealt with a few different staff and all were informative, polite and helpful. I great end to a terrible situation. 100% genuine review and I cannot recommend them enough. Thank you.
Grace Anderson
2022-03-11
Pension Claim Consulting were a Godsend. I was told about them by a friend who had also invested in a pension. They kept me informed on the progress of my claim with regular updates and answered my queries with patience and professionalism. There percentage for on behalf was also lower than expected. I can't thank them enough
adrian buck
2022-03-10
Keith Wilkins
2022-03-09
Very thorough and achieved the goal regarding compensation in full. Took a while but was worth the wait
Mark Holmes
2022-03-08
Excellent service. Great result.
michael dixon
2022-03-08
I was approached by Pension Claim Consulting after the company that was handle ing my SIPP had been investigated by the Financial Ombudsmen and informed me i had a case, with this information given to me i agreed to let them represent me in trying to reclaim my investment. All through the process i was informed of every step and on a regular basis even though it took many months the outcome was successful and i was reimbursed fully. This is a fantastic company to work with and dedicated staff who know their business. Many Thanks. Mike Dixon.
Roderick Turnbull
2022-03-08
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.