Harlequin was establisehd as a vehicle to invest into caribbean based hotel and luxury property developments. Over £400m was raised from investors but the schemes only delivered a small number of properties before folding.
Lifetime SIPP was one of the Self Invested Personal Pension (SIPP) schemes that held Harlequin investments within client portfolios. When the Harlequin investment asset entered difficulties, claims started to be brought via the Financial Ombudsman Service (FOS)
According to a report in the financial press (FT Adviser 13/04/2018) the SIPP company has now been placed into administration. The FT Adviser article, written by Carmen Reichmann, indicates that claims will be expected to be brought via the Financial Services Compensation Scheme (FSCS).
Our firm is a specialist partnership that recovers monies from failed pension and investment schemes on behalf of our claims clients. Start Your Claim Below
Money Marketing has reported today (27/07/2018) that the Financial Services Compensation Scheme (FSCS) has received over 200 claims against the Lifetime SIPP Company. in less than two months.
The article goes on to state
"Administrators Kingston Smith & Partners previously estimated compensation claims against the Sipp provider would be valued around £56m."
If you have been affected please email us using the form below - or call one of our partners - Gary Naylor or Ken Hanning - directly using our free to call number 0800 254 5066.
Claims Are Mounting Against The Lifetime SIPP Company Via The FSCS
Call us free on 0800 254 5066 to start your claim enquiry. We are a genune "no win - no fee" claims management company. You only pay us if we win compensation for you. Our fee, if successful, is 20% inclusive of VAT. start your claim below.