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£170,000 Compensation for Mr H – Mis-sold SIPP Investment in Commercial Property

Background: Retirement Planning Through SIPP Investment

Mr H from Sheffield sought retirement investment advice from a financial adviser. He was advised to invest his savings in a Self-Invested Personal Pension (SIPP).

Negligent Advice: Inappropriate High-Risk Asset Allocation

The SIPP was heavily weighted toward commercial property investments, a high-risk asset class inappropriate for Mr H’s situation. This led to significant capital losses.

Claim for Negligence and Loss Recovery

After suffering financial loss, Mr H came to us for assistance. We carefully assessed his situation, developed a strong legal claim, and initiated proceedings against those responsible.

Successful Outcome – £170,000 in Compensation

Following negotiations, we secured a settlement for Mr H without needing to go to trial. He received £170,000 in compensation for his losses.

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      Important Information

      You do not need legal representation to make a financial services claim. You can complain yourself at no cost and under FCA rules, the financial services provider must provide a response. If you feel this is unsatisfactory, you can complain to the statutory redress bodies, the FOS and FSCS who can award you compensation. This is a free service.

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