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).
Today (19/12/2019) we have won our first Lifetime SIPP Claim - winning £85,000 for our client.
You can make your own claim your self (check out our DIY guide using the button below), or you can choose to use our service - for which we will make a charge of 20% inclusive of VAT.
Have you now had an updated valuation for your Harmony Bay Resort investment which has significantly devalued your investment?
It's time to get in touch and speak directly to one of our Partners, Gary Naylor or Ken Hanning to find out if you can make a claim.
The sooner that we can start working upon your behalf - the faster that we can gather the evidence to support your claim, and get moving.
Call Gary or Ken directly free now on 0800 254 5066 - or fill in the email contact form below to get in touch with us. Let's start a conversation to start your claim process.
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 above- 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