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A Self-Invested Personal Pension (SIPP) is a type of pension plan which allows you to choose where your money is invested, unlike a standard personal pension where your money is managed and investments chosen for you. Although SIPPs often offer a better return than a standard pension over time, SIPPs are a more complex and risky investment which requires experience and prior knowledge of investing to work effectively. This is why many who proceed with a SIPP use the services of a financial adviser to provide guidance regarding their investments.
For a lot of SIPP investors, problems arise when their financial advisers, often working on commission, recommend they put their money in high-risk investments without fully explaining the extent of the risks involved. This can result in investors losing large sums of money because they received bad information, or information from an untrustworthy source.
If any of the following apply to you, you may be eligible to claim back thousands of £s:
If any of the above sounds familiar to you, or if you're unsure if you're eligible for a claim, contact us via the form above, call us at 0161 348 7650 or e-mail us here today for your FREE SIPP claim assessment.
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