Ethical Forestry

Ethical Forestry was sold as a ‘Green’ Investment, with one of their biggest selling points being that you could get a great return on your investment, while helping to save the planet.

Over 3,000 investors were encouraged to invest in Ethical Forestry by brokers and Financial Advisors since around 2012.

Massive returns were quoted by smooth talking sales people – upwards of over £100,000 yield on an £18,000 investment over a 12 year period, to entice people to part with their hard earned Pensions & cash, as there was little to no risk involved.

It’s absolutely true that no great reward comes without great risk, however the promises made were entirely contrary to that.

The lack of care taken by Financial Advisors all over the country led to thousands of people being advised to transfer their Pensions into a Self-Invested Personal Pension in order that they may invest in this ‘un-regulated’ scheme.

This, like many other investments, suffered a massive loss in value following natural disaster and poor financial management, and is now effectively worthless.

If you have transferred your Pension, or part of it, into Ethical Forestry, give us a call today on 0800 *** **** to see if we can help.

Carbon Credits

If you have invested in Carbon Credits at the recommendation of your Financial Advisor, you may have a claim.

Carbon Credits came into being in the late 90’s, and you will have seem many high-profile people (Mr Cameron to name one) talking them up.

Carbon Credits were a generous way of helping companies with high carbon emissions (think airlines, manufacturing, non-green power etc) reduce their Carbon Footprint by allowing them to purchase Carbon Credits from other, ‘greener’ companies who weren’t using theirs.

Any ‘spare’ credits were snapped up by investors and sold on to many thousands of people in the UK as part of a Self-Invested Personal Pension aka SIPP.

As these investments (like every other one in this blog) were un-regulated, upon their inevitable collapse all of these investors lost millions. The worst part, was that these Investors should never have been advised to invest in such a risky product in the first place. Their ‘trusted Financial Advisor’ put their own needs above their clients and failed to conduct sufficient checks to make sure they were comfortable with the risk.

If you have transferred your Pension, or part of it, into Carbon Credits, give us a call today on 0800 *** **** to see if we can help.

Store First Storage Pods

If you’ve transferred your Pension Into a SIPP, and invested in Store First, then it could now be worth less than you think…

Many people across the country were delighted when they heard of the opportunity to invest in the new and exciting Store First Storage Pods. It was a concept like no other – sell the Storage Units to customers, and then they would be the ones to receive the rent (generally) as payments into their pensions.

Quentin Wilson (formerly of Top Gear) believed so much in this product that he went on TV to promote it. You can still find these videos on YouTube (not that we can share them here..) and chances are, looking back at these ads now, he realises the mistake he, and countless others, made.

Store First convinced (via brokers such as Jackson Francis – again worth a google) thousands of Pension holders and investors that the value of their units would increase, by up to 8% per year, and that they would reap the benefits of the income for years to come.

Unfortunately, their fatal flaw was this – there was never really a ‘market’ for these types of units for them to make these kinds of assumptions, and as a result, as soon as any Storage Pod owners tried to sell, there were no buyers.

Investments that cannot be sold, are classed as ‘illiquid’ – now Store First storage pods are no different.

If you have transferred your Pension, or part of it, into Store First, give us a call today on 0800 *** **** to see if we can help.