Like other forestry investments based in far-off countries, Global Plantations Limited investments were always a HIGH RISK, non-standard asset, and if sold to the wrong investor who doesn’t have the capacity for loss or the “sophisticated investor” experience to manage their pension properly, it could negatively effect their retirement plans.
Non-Standards Assets are often high-risk, and as of June 2017, Global Plantations Limited has entered into insolvency proceedings. Many investors were advised to invest their newly transferred SIPP Pensions, and had hung their retirement dreams on Global Plantations becoming a success.
Especially now that Global Plantations in in Liquidation.
But Independent Financial Advisers sometimes get things wrong, sometimes drastically, and if YOU invested in Global Plantations Limited’s forestry investments in Malaysia and Bali, you may be eligible to make a claim with no upfront costs!
We’re here to help you do just that…
Please note: you have an initial cooling off period of 14 days, if you cancel outside of this period you may be charged for the work carried out and if we have already submitted your claim, which results in an offer of compensation subsequently being made, we will charge our full fee as per our T&Cs – our fee is 20% + VAT – a total of 24%.
Several financial advisers and the FSCS have been paying out compensation for the mis-selling of Global Plantations investments via SIPPs and SSASs for a few years, with Get Claims Advice often leading the claim.
Then you may have been mis-sold, and you could be able to make a claim for negligent SIPP advice.
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Although many financial advisers may have had a negligent hand in advising people invest in Global Plantations, at least one firm went into liquidation for widely mis-selling SIPP pension investment, including Global.
Cherish Wealth Management is known to have advised on transfers to SIPPs that went on to invest in Global Plantations, as well as several other similar high-risk schemes.
It was also the focal point of an ITV Tonight investigation into pension mis-selling, although Global Plantations did not feature.
Cherish Wealth Management – a firm known to have advised on Global Plantations investments through SIPP pensions, goes into Liquidation.
Finally, Global Plantations received a court order to Wind Up, and entered into Liquidation.
Click the button below to see an example of a Get Claims Advice claim against negligent financial adviceSee example claim