Carbon Credits were included in many mis-sold SIPP pension schemes, even though they are often very high-risk and unsuitable for these products. Over the past decade, carbon credits have fallen drastically in value.
If you invested in Carbon Credits and this mis-sold Sipp negatively impacted your finances, you could be eligible for mis-sold SIPP compensation.
Carbon Credits were a seemingly ingenious plan, giving the holder the right to offset their carbon emissions. They could buy the Carbon Credits equivalent to one tonne of CO2, or more. However, regulations soon came into effect that forced companies to lower their CO2 emissions, regardless of Carbon Credits.
When the price of Carbon Credits fell to nill, it destroyed a lot of people’s pension pots, and curtailed their plans for a stress-free retirement. However, it also uncovered a massive scandal that included mis-sold SIPP pension products aimed at investors across the UK. Carbon Credits were a risky endeavour sold to hopeful investors.
Were you one of the thousands of British investors who were mis-sold Sipp pension funds that included Carbon Credits? If so, you likely panicked as carbon credits fell in price and lost all of their value. Your pension pot went from a healthy amount, full of your hard-earned savings, down to zero.
Carbon Credits ruined the lives of many UK investors. If you invested in Carbon Credits, and this investment negatively impacted your finances, you may be entitled to mis-sold Sipp compensation.
If you were pressured or misled into purchasing a SIPP fund that included Carbon Credits, you could qualify for mis-sold SIPP compensation. Our claims experts can assess your case and guide you through the entire application process.
Apply online today for an information pack to learn more.
If a financial advisor advised you to invest in an unregulated investment such as Carbon Credits Limited, it is still possible to claim compensation. Where the advisor is still operating, a claim can be pursued against the financial advisor via the Financial Ombudsman Service (FOS).
If an advisor is no longer operating, the Financial Services Compensation Scheme (FSCS) pays compensation for valid mis-selling claims against any financial advisor who has been declared in default by them.
If your pension included investment in Carbon Credits Limited, you could be entitled to compensation.Apply Now
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The Financial Conduct Authority (FCA) has identified ‘serious and ongoing failings’ by both Individual Financial Advisers (IFAs) and Self-Invested Personal Pension Providers. Typically, mis-selling is related to the “wrong” type of investor being given poor or misleading advice as to what investments were relatively safe and right for them. In this summary, we look at What a SIPP is, and how they have been mis-sold, together with the FCA’s review into sector malpractice.Click to Read
Pre complaint investigation and analysis. No paperwork? Don't Worry! We could still help.
Once we've assessed claim prospects, we make a pension complaint to the Ombudsman or FSCS, where appropriate
Pension complaint response received. We'll carefully analyse the response and advise you on how to proceed.
If appropriate resolution cannot be reached with a live firm, and we disagree with their stance, we will refer the claim to Ombudsman on your instruction.
Allegiant always aligns great value with exceptional service. This winning formula has seen us emerge as one of the UK’s pre-eminent Claims Management Companies in recent years. See why Allegiant is a great choice below. *All information correct as at 28 August 2021.
How our fees work in practice:
• Compensation is £1,000, the fee is £150 plus VAT £30. This means the amount payable to us is £180 leaving you with the benefit of £820.
• Compensation is £3,000, the fee is £450 plus VAT £90. This means the amount payable to us is £540 leaving you with the benefit of £2,460.
• Compensation is £10,000, the fee is £1,500 plus VAT £300. This means that the amount payable to us is £1,800 leaving you with the benefit of £8,200.
NB. It is possible that our fee may become payable before you have access to your pension or investment which may result in you having to pay our fee from your own funds.
You can cancel for free at any time within 14-days without giving any reason and without incurring any liability. You can communicate your cancellation by telephone, post, email or online.
You can cancel this agreement at any time after the 14-day cancellation period. However, if a complaint submitted by us is successful, the Success Fee will apply in the usual way.
You can cancel by post: Allegiant Finance Services Limited, Freepost RTYU–XUTZ–YKJC, 400 Chadwick House, Warrington Road, Birchwood Park, Warrington, WA3 6AE; (b) by email: email@example.com; (c) by telephone: 0345 544 1563; or (d) online at https://allegiant.co.uk/legal/cancellation.
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