Investment Claims Against Carbon Credits
Thousands of people were sold Carbon Credits to go into their SIPP investment portfolio. However, not many have actually benefited from these investments and many firms have gone against the wall once carbon credits were reduced down to negligible value.
Not only were many individual’s pensions ruined – and therefore their retirements – it also exposed widespread mis-sale of Carbon Credits investments, especially via SIPP accounts.
The FCA does not regulate Carbon Credits and they are considered to be high-risk investments. However, despite that, many of them have been sold to inexperienced investors who have very little capacity for loss and not much wealth, which makes them completely unsuitable for these risky and complex investments.
Good News For Investors
TheYEC specialises in fighting for investors to get the compensation they deserve in cases where they were advised negligently by regulated financial advisers to invest into Carbon Credit schemes.
Keep reading to learn more about how these investments supposedly worked, more about the things that went wrong with them, and how you might be able to have your pension recovered with TheYEC’s help.
Carbon Credits Investment Scam
Numerous individuals who decided to make an investment into carbon credits with the expectation that their value would grow, usually with some type of pension investment such as a SIPP, have been very disappointed with the numerous companies and IFAs who have gone into liquidation or gone bust due to Carbon Credits.
The scheme has always been an ambitious one, however no many people refer to this entire investment scheme as the Carbon Credits scam!
We are unable to comment on the ‘scam’ concept – since that does imply some fairly villainous behavior. However, we have had many clients contact us bout their SIPP being potentially mis-sold on carbon credits based on poorly assessed risk factors unsuitability, and negligence.
We here at TheYEC are SIPP Claims specialists, so Carbon Credits are not all that challenging for us. Get in touch with us so that we assess your claim free of charge, and take full advantage of our No win – No fee process, to potentially recover thousands from your investment in carbon credits.