Green Oil Plantations

If you were advised to invest in Green Oil Plantations you may want to check if you should be claiming compensation for mis-selling

Green Oil Plantations was a UK based investment scheme to fund a Millettia tree plantation in Australia. The trees would then be harvested after 2 years and turned into biofuel, fertilizer and livestock feed; which would then be sold.

Between 2010 and 2013 it raised over £24m in investment, mainly from UK investors.

In 2013 Green Oil Plantation entered administration as there were reportedly insufficient funds in the company to complete the plantation’s first harvest.

Green Oil Plantations – Unsuitable Investment

These types of investments are not only high risk, but also unregulated and as a result are only suitable for “sophisticated” investors. That’s usually people who understand the risk involved and can afford the potential losses.

Most of these people became invested in this scheme as part of their SIPP pension; often following financial advice or some may have received a cold call offering a free pension review.

Unfortunately, this investment was not suitable for a lot of these people and they shouldn’t have been invested in this scheme.

What is pension and investment mis-selling?

Mis-selling, in respect of pensions and investments, is largely based on suitability and due diligence. The financial product being recommended must be suitable for the customer. This is based on factors such as attitude to risk, understanding of how the product works, as well as the investment itself.

All UK regulated companies, such as Advisers and Pension Providers, are subject to strict guidelines and rules.  If they don’t stick to them, not only could they be exposing their clients to unsuitable risk, but this may be mis-selling.

Get an expert opinion with our free assessment check

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.

The assessment is free and there’s absolutely no obligation to use our service if you have case.

Key Facts

1
High-risk, unregulated investment which was unsuitable for the average investor
2
Many people may have been mis-sold this investment as a part of their SIPP

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2022-04-11
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2022-04-08
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2022-03-20
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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
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2022-03-10
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2022-03-09
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2022-03-08
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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.