AIGO Funds Claims
If SIPP operators Guinness Mahon has contacted you about the AIGO fund, you may be entitled to claim compensation for your losses. Get in touch with us now.
The AIGO funds were investments offered or promoted to clients to invest in a SIPP scheme into which many pensioners invested some or all their hard-earned savings.
In July 2018, AIGO Holdings PCC, the holding company for the funds, received a petition to wind up from Guinness Mahon. The funds are expected to collapse, leaving its investors unfairly out of pocket.
We Can Help You Claim Compensation For Mis-Sold AIGO Funds
If you feel that you have lost funds unfairly because you were mis-sold the potential of AIGO funds, you may be entitled to claim compensation.
One of our advisors can assess your situation, the nature of the investment, and how it was sold to you. We will then explain how we can help you make a claim. Complete the form on this page and one of our advisors will get back to you.
What happened to the AIGO Funds?
AIGO issued non-standard asset based investments, listed on the stock exchange in Mauritius. Two regulated financial advice firms, Financial Page and Henderson Carter, mis-sold many clients into investing their pensions into it. Both firms engaged in high-pressure sales tactics in exchange for large commissions when making a sale.
Both firms have since stopped trading – Financial Page, calling themselves Andrew Page to their clients, went into administration in July 2014 and Henderson Carter in February 2010 – but that hasn’t reduced the financial impact their bad pension advice had on their customers.
In 2016 the FCA ordered AIGO Holdings PCC, the holdings company for the funds, to cease all pension switching and transfers, and forbade them from jettisoning any assets without the express permission of the regulator. They continue to be monitored by regulators.
What does this mean for my mis-sold SIPP claim?
If you invested your pension into the AIGO funds as part of a SIPP scheme, you may have been a victim of mis-selling. To get professional advice about making a claim to get your money back, please call 0808 163 1659.
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