STORE FIRST AND SIPP MIS-SELLING
Many people received negligent financial advice from financial advisers to invest in Store First Ltd’s storage units, often after receiving a cold calloffering a free pension review.
Store First is a high-risk investment, and should have only been offered to wealthy individuals and sophisticated investors, who could understand the risk and afford to take it.
Instead, Store First was often sold to ordinary people, some of whom have not seen the returns they were told they would, and often struggled to sell their storage pods and get their money back.
At Get Claims Advice Ltd, our team of claims specialists have helped clients win back their pensions from mis-sold Store First SIPPs before, all on a No Win – No Fee* basis, and we offer a Free Initial Assessment with No Obligation to see if you can make a claim.
HOW IT WAS (MIS)SOLD
Store First investments offered some very high and attractive returns when compared to some other, safer and FCA regulated investments, which made it easier for some pension review companies to make it sounds like a good place to invest.
But Store First is a high-risk investment, which means financial advisers should have been telling more people who don’t earn over £100k per year, and aren’t sophisticated investors that the investment was unlikely to be suitable for them.
Sadly for some, people were advised to channel tens of thousands of pounds into Store First investments, and it has resulted in many people having money locked up in Store First, and receive lower than expected returns.