Individual Mis-sold SIPP Schemes

A SIPP scheme (Self Invested Personal Pension) is a personal pension scheme approved by the UK government. It acts as a ‘wrapper’ for pension investments and allows investors to have the freedom to use a wider range of investments and products in order to grow their pension fund.

The main benefit of a SIPP is that it can offer up to 45% tax relief on contributions and no capital gains tax or additional income tax to pay in the UK. SIPPs can offer a wide range of investments an investor can choose from and can include investments from a variety of sources, even overseas.

However, the opportunity to include a wide range of investments in a SIPP has meant that many people have been advised to transfer their pensions into a SIPP when it wasn’t the best option for them to take. This may have been because the SIPP investment was too high in risk, their existing pension was more suitable or it was simply a scam from day one. 

At Goodwin Barrett we have extensive experience helping investors claim back their losses from a wide range of these individual SIPP investment schemes.

These include:

If you have invested into a SIPP there is a possibility it was mis-sold to you, particularly if you have lost a significant amount of your fund. Even if you aren’t sure you were mis-sold in the first place please get in contact with us. Fill out the form on this page or call us on 0808 163 1659, and we’ll advise you if we can claim some of your money back.