The Financial Services Compensation Scheme (FSCS) has paid out on over 120 claims brought by clients advised by Henderson Carter Associates. Those clients were often advised to transfer their pension from a safe and secure traditional pension into a Self-Invested Personal Pension (SIPP) and then advised to invest into one of a number of high risk unregulated investments schemes. One such fund was the Aigo Fund which was a non-standard asset listed on the Mauritius stock exchange.
For a significant period many thousands of investors received unsuitable advice to transfer from safe, secure, traditional schemes to ones that exposed them to risky or illiquid schemes. Smooth Commercial Law are forerunners in litigation with these SIPP providers, and getting compensation for the victims.
If you have been affected by either Henderson Carter Associates and/or the Aigo Fund, please contact us today for a free no obligation, confidential chat.