Overseas Forestry Investment Mis Sold Pension Advice
radikls_fcc No Comments

Mr M made 2 investments which totalled £50,000 in carbon credits in 2013 and in 2016 it became clear that the carbon credit market had collapsed and whilst the SIPP held with trustee SIPP had not moved into default at that time a claim was made by Mr M as he believed that he had been given mis sold pension advice by the IFA.

He made a claim via Financial Services Compensation Scheme and it was decided that the IFA involved had mis sold pension advice. The Financial Services Compensation Scheme found in the client’s favour and he was awarded £50,000 (maximum allowable at the time) for mis sold pension compensation.