APJ Solicitors could help you gain thousands in compensation from a mis-sold overseas property investment!
Overseas property and real estate investments are understandably attractive prospects for investors looking to boost their retirement pots.
However, many of these high-risk schemes are not regulated by the Financial Conduct Authority (FCA), leaving investors open to mis-selling and potentially big losses. In these cases, it is possible for customers to seek compensation.
Did you invest in a SIPP?
A self-invested personal pension (SIPP) is a scheme that gives you a higher level of control over your own pension. This means you get access to more choices on where you can invest your retirement fund, allowing you to manage your own investments and savings, rather than relying on a pension company or fund manager. The appeal of such a scheme is clear, but the risks associated with it are sometimes not made obvious to investors.
Mis-sold SIPPs have become the subject of an increasing number of complaints made to the Financial Ombudsman Service (FOS) and the Financial Services Compensation Scheme (FSCS).