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Home / Mis-Sold Pensions / SIPP Claims / Mis-Sold Pension Investments / Rimondi Grand Investment

Rimondi Grand Investment Claims Guide

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You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

Rimondi Grand SIPP Investments

The Rimondi Grand SIPP investment allowed investors to invest their pension into a hotel resort in Crete by transferring their retirement fund into a Self-Invested Personal Pension.

But not everyone was told that the Rimondi Grand investment was a high-risk scheme, not regulated by the watchdogs at the Financial Conduct Authority.

Nor were some investors assessed properly for their suitability for such a high-risk investment, which has meant that many investors have already claimed for their mis-sold Rimondi Grand investment.

Can you make a mis-sold pension claim over Rimondi Grand to help save your retirement?

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What is The Rimondi Grand investment?

The Rimondi Grand is yet another example of a high-risk overseas property investment that was widely mis-sold by financial advisers through SIPP pensions.

Fully named the Rimondi Grand Hotel & Spa and based in Crete, the investment was never regulated by the FCA, making it unsuitable for many potential investors.

Sadly, some financial advisers are known to have skipped the rules for this kind of investment either through negligence or due to high-end commissions on offer, leading many people to a mis-sold SIPP situation that threatens their retirement.

See if you can make a claim with the specialists at Get Claims Advice.

Speak with a specialist claims handler today

If you invested in Rimondi Grand Resort & Spa, you may be able to claim

You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

Can you claim for Rimondi Grand mis-selling compensation?

Several financial advisers and the FSCS have been paying out compensation over the mis-selling of Rimondi Grand and similar investments via SIPPs and SSASs for a few years, with Get Claims Advice often leading the claim on a No Win – No Fee* basis.

If you:

  • Transferred your pension to a SIPP
  • Invested in Rimondi Grand or other high-risk investments
  • Aren’t earning over £100k per year
  • Aren’t a Sophisticated Investor

Then you may have been mis-sold, and you could be able to make a claim for negligent SIPP advice.

Speak with an expert

Rimondi Grand timeline of events

2015 - FOS Complaint

Way back in 2010, a Mrs H was introduced to the Rimondi Grand Hotel investment, as dealt with Premier Financial Solutions in order to set up the SIPP and investment.In 2015, the FOS upheld her complaint that PFS did not act accordingly, and PFS were told to compensate her for this high-risk investment.

2017 - Valued at £1

A letter to clients from a large SIPP provider informed Rimondi Grand investors that due to “material uncertainty affecting this [the] investment”, they considered any Rimondi Grand investment to now be worth £1.

Could you be owed compensation for a mis-sold Rimondi Grand investment?

Find out now with a free call back from one of our specialists

You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

We’ve made successful claims over mis-sold SIPP investments before

Click the button below to see an example of a Get Claims Advice claim over a mis-sold pension investment

See example claim

Ready to make a claim with Get Claims Advice?

 

Receive a free call-back from a specialist to get started

You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

Rimondi Grand Related Claims


SIPP Claims

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SIPP Providers

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Overseas Property

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a Sophisticated investor
SOPHISTICATED INVESTOR Do you have a wealth of knowledge and experience in investing?
Compensation
HIGH NET-WORTH 1 Do you earn in excess of £100,000 per annum?
High net worth individual
HIGH NET-WORTH 2 Or do you own £250,000 worth of investable assets?

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Ready to make a claim?

Speak with an adviser to see if you can make a claim on a No Win – No Fee* basis

You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

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