Harmony Bay

If you were advised to invest in Harmony Bay as part of your SIPP you may want to check if you should be claiming compensation for mis-selling

Harmony Bay is a luxury Spa resort and hotel situated in Akbuk Turkey.

This venture offered investors the opportunity to buy a slice of Turkey’s tourism boom, which at the time the project started, was a rapidly expanding economy, making the promised high returns seem very achievable.

Unfortunately, this boom hit a massive decline, due to the exceptional events that affected the region during that time such as, terror related attacks, a military coup and Turkey’s proximity to the conflict in Syria.

This all affected travel and tourism to Turkey and naturally this and other investments suffered too.

Harmony Bay – Unsuitable high risk

It’s easy to see why these types of investments are classed as high risk and only suitable for certain investors. Whilst the potential for high returns is there, so is the gamble of big losses and as Harmony Bay proves, due to unforeseen circumstances beyond control.

These investments are also unregulated meaning no protection from the FCA should things go wrong.

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
Harmony Bay is a high-risk and unregulated investment which is considered 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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Robert Pemberton
2022-04-11
Antony Stroud
2022-04-08
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2022-03-20
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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
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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.