Lifeboat scheme steps in as Liberty Sipp defaults
Investigation concludes that FSCS ‘might be able to compensate customers’
Liberty Sipp
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Carey Pensions ruling not the death knell for all Sipp claims
As solicitor argues that Liberty Sipp and Guinness Mahon complaints are different
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FSCS opens to claims as Sipp firm enters administration
It became insolvent based on the potential claims over high-risk investments
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Sipp provider breached duty of care
After it accepted investments from risky Ethical Forestry, says ombudsman
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Bans for Costa Rica plantation investment scheme directors
Around 3,500 UK investors put £70m in the defunct, unregulated scheme
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Ombudsman finds Sipp provider accountable for client losses
Three individuals had invested a total of £36,200 in an ethical forestry scheme
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FCA takes legal action against pension firm
The regulator said Avacade conducted ‘regulated activities’ without permission and ‘misled’ clients
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Assets of beleaguered Liberty Sipp sold
Buyer will not take on potential liabilities linked to mass mis-selling claims
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Liberty Sipp facing 500 ombudsman claims
Record profits could take an £18m hit from mass mis-selling claims
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Claimant numbers double in mis-sold Sipp lawsuit
A UK law firm at the heart of a mis-selling case against an introducer, a financial adviser and two Sipp providers has said it now represents 210 clients.
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Troubled Sipp provider sees revenue soar by 35%
Liberty Sipp, which is currently facing multiple claims of mis-selling unregulated investments, has seen its assets under management surge to £2.95bn ($3.9bn, €3.3bn), according to its latest annual report.
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Mis-sold Sipp complaint upheld in rare move
The UK’s Financial Ombudsman Service (FOS) has upheld a mis-selling complaint involving an unregulated introducer and self-invested personal pension (Sipp) provider Guinness Mahon.