Neglect Assist senior solicitors Pradeep Oliver and Tim Hampson appeared on BBC News to discuss SIPPs being misused by unregulated advisers.
Oliver advised that this was an increasing problem and underlined the importance of all pensioners to seek advice from a properly authorised financial adviser.

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Are you at risk of losing your pension? Neglect Assist's Pradeep Oliver warns about the growing SIPP mis-selling crisis, where even regulated advisers are putting retirement savings in jeopardy through unregulated investments
Neglect Assist, the award-winning professional negligence solicitors, have welcomed a landmark Supreme Court decision that two overseas land and forestry schemes fall within the remit of the Financial Conduct Authority (FCA).
Hazel Appleyard, a client of Neglect Assist, shared her experience on BBC Radio 4’s Money Box after receiving over £86,000 in compensation from HSBC due to SIPP mis-selling. She described the legal support as “absolutely amazing.”
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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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