"One of the UK's leading specialists in financial mis-selling…"
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Mr B from Manchester held pension savings of slightly over £32,000. As he was nearing retirement, he had made it clear that he did not want to take any risks with this money. With limited opportunity to rebuild lost funds at this stage in life, capital preservation was his top priority.
He received unsolicited contact from a company called PFR Services, which he later discovered was not authorised or regulated to provide financial advice. They persuaded him that he could make substantial gains by transferring his pension to Liberty SIPP, with the funds then invested in agricultural land in Australia.
Based on this advice, Mr B transferred his entire pension into the Liberty SIPP. The investment was in a high-risk and unregulated asset class, significantly outside his comfort zone and far removed from the low-risk strategy he had intended. The SIPP has failed to deliver any returns, and Mr B is currently unable to sell or exit the investment. His prospects of recovering the funds independently are considered low.
Mr B approached us for help, and we are now representing him in a No Win No Fee claim against Liberty SIPP. We are seeking compensation of over £32,000 to recover his financial losses. The case is ongoing.
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Ms N was advised to invest in Costa Rican tree plantations through a Liberty SIPP. The investment proved worthless. We are fighting to recover the £18,000 she lost, plus interest.
Mr S transferred over £57,000 into a Liberty SIPP that invested in unregulated agricultural land in Australia. Now unable to sell the land, he faces severe losses. We’re pursuing a claim on his behalf.
Mrs B relied on unregulated advisers who convinced her to transfer her entire pension into a Liberty SIPP that funded a Costa Rican tree plantation. The investment collapsed, and we are now pursuing a claim to recover over £30,000.
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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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