Carbon Credits Claims
A carbon credit gives the holder the right to emit one tonne of CO2. They were introduced when regulations came into force to reduce the amount of CO2 emitted by companies in the UK and elsewhere in the world. Where a company could not meet its CO2 obligations, it could purchase a carbon credit enabling it to emit more CO2 than it should.
The carbon credit system involves a complex market where companies, traders, and investors buy and sell carbon credits.
Some companies then started offering carbon credits to retail investors, such as those making SIPP investment decisions to increase their retirement pot. In many cases, those people should not have been sold this type of investment.
Does this apply to you? You should investigate whether you can make a claim to get your money back.
We Can Help You Claim for a Mis-Sold Carbon Credit Pension
Complete the form on this page and a member of our team will get back to you. We will assess your situation and will then explain how we can help you get your money back.
What’s Wrong with Carbon Credit Pension Plans
Many people bought carbon credits as a SIPP investment. This involves putting a proportion of your retirement fund into carbon credits in the hope of getting a return. For some people, the amount of money invested in carbon credits was substantial.
Many of the investments completely failed, however. Some companies offering the investment went bust too, and the value of the carbon credits plummeted.
In other words, normal investors lost substantial portions of their retirement funds.
In addition, carbon credits are a high-risk investment that is not regulated by the FCA. This means they should never be sold to retail investors, i.e. investors making SIPP investment decisions to fund their retirement.
As carbon credits can be unsuitable for SIPPs, many cases of mis-selling have occurred.
If you believe you were mis-sold a carbon credit investment, please call us today on 0808 252 3696.
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for a mis sold SIPP
for a mis sold SIPP
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