The Lifetime SIPP Company Ltd

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

The Lifetime SIPP Company Ltd went into administration in 2018 following reports it had been unable to handle the volume of complaints made against them from unhappy investors seeking compensation.

Many of these complaints involved SIPP investors’ unsuitable exposure to high-risk investments such as:

Harlequin Property

Harlequin took around £400m in investments through UK Investors with the promise of guaranteed high returns from the luxury villas.

These returns unfortunately never transpired and in 2013 Lifetime were instructed by the regulator to write out to all their Harlequin investment clients and inform them that their investment had a nominal £1 value.

The FSCS is said to have paid nearly a £125m in compensation in relation to Harlequin. The complaints concern the suitability to invest in Harlequin and not the performance of the investment itself.

Lifetime SIPP Compensation Claims

The FSCS declared Lifetime in default in 2018, something it does when it decides a firm cannot meet their financial obligations to clients.

In June 2019 they posted on their website that they were accepting claims against The Lifetime SIPP Company (Lifetime) and said the claims “… relate to the SIPP operators’ due diligence obligations when accepting customers’ investments.”

They also acknowledged “SIPP operator due diligence has been an industry ‘hot topic’ in recent years and FSCS is aware that there are a number of pending civil claims in the High Court against various SIPP operators in respect of alleged due diligence failings”

Latest on Lifetime SIPP

Lifetime is now in liquidation with Kingston Smith & Partners overseeing the process. Hartley SAS purchased the “untainted” SIPP part of the business.


Get an expert opinion with our free assessment check

If you want to know if your Lifetime SIPP may have been mis-sold to you – we can help!

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

Lifetime had high-risk, unregulated investments such as The Resort Group & InvestUS in some SIPPs
Lifetime SIPPs also invested in “property scandal” Harlequin Property
Lifetime SIPP went into Administration in 2018

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
Antony Stroud
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Ian Gaynor
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.
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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
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Keith Wilkins
Very thorough and achieved the goal regarding compensation in full. Took a while but was worth the wait
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michael dixon
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
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.