After years of legal battles and claims against them; the firm has finally gone into administration.
Claim Compensation Now
Over the years we have had a lot of enquiries from people we couldn’t help, as the unregulated introducers usually didn’t involve financial advice firms, leaving clients open to huge losses without any chance to receive compensation.
And now that the tide has turned investors will have the opportunity to ask for a review of their transactions – and potentially claim compensation if their pension was transferred into a Liberty SIPP or they have an underlying investment that should be deemed unsuitable.
Already claimed but never recovered your full losses?
We quite often help people to not only obtain compensation against the advice firms, but also progress a secondary claim against the SIPP providers for their uncompensated losses.
If you have not been fully compensated via a previous FSCS claim or a claim against a regulated IFA firm, you may be entitled to further compensation.
Defined Benefit Pensions
We find that customers who had an original defined benefit pension with companies such as Royal Mail, the NHS, the Local Government (LGPS), Teachers or a Civil Aviation Pension (CAAPS) have usually lost much more money than the compensation which was previously awarded.
A defined benefit pension which was worth £80,000 when it was originally transferred into a SIPP may have well lost the client over £350,000 in benefits!
Simply get in touch for an informal chat to explore your options.
And please remember:
Any cold callers contacting you with regards to your Liberty SIPP will be breaching regulatory rules and regulations when making those unsolicited calls – as no one should contact you without your consent, not even if they claim that they are acting on behalf of the firm which has gone into liquidation!