A SIPP is a form of pension in which an individual can decide which investments their funds should be invested in. However, this may lead to a risk that investors will lose their pension funds as a result of investing in risky or unsuitable investments.
The investor may have received poor advice in relation to transferring their pension from a conventional pension scheme to a SIPP. That advice may have come from the actual SIPP provider.
On this page you will see links to SIPP providers that have been known to act negligently – cases where clients have received compensation. If you see a SIPP provider that you have used, and you believe you have been treated wrongly by your provider, please get in touch with one of our solicitors.