Ms N from London

Ms N had an occupational pension fund of around £18,000 and required a low-risk option that would preserve the capital she had and offer a reasonable rate of future growth. She was not seeking an investment with high elements of risk involved.

She was persuaded to transfer this pension to a fund with Liberty SIPP. This was then used to invest in Melina tree plantations in Costa Rica.

This was a high-risk, unregulated, and speculative form of pension investment. Ms N has not received any return on this investment, and the fund is now illiquid. The prospects of her receiving any sort of return on the SIPP are deemed to be low.

We are currently representing her in a no win, no fee claim against Berkeley Burke to recover the full capital amount that she invested plus interest. We are claiming compensation of over £18,000.

If you’ve suffered losses due to poor investment advice or SIPP mismanagement, contact us today for expert advice and support in recovering your money.

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