There has been an influx of reports from individuals who have been mis sold investments and mis sold sipps through the use of their private pension fund.
Mis sold investments of this nature have become commonplace in the United Kingdom and have been mass-marketed to the general British public.
What Are A Mis Sold SIPP?
Firstly, the term ‘SIPP’ means ‘Self invested personal pension’ and it is an investment vehicle where people can place their private pension into a fund which is then invested into a number of different products, whether it be stocks, businesses, land, agriculture, property development, hotel development, biofuels, and many other kinds of investment product.
These SIPPs are sold on the basis they will perform well and cause a growth in capital and an increase in the amount of money in the pension fund, oftentimes this doesn’t happen, people commonly lose money in self invested personal.…