Global Plantations Limited was, like all foreign forestry investment schemes, classed from the outset as a non-standard, high-risk asset. Convincing the wrong sort of investor to buy into Global Plantations would be negligent. These sorts of assets require either ‘sophisticated investor’ expertise to manage or significant financial reserves to absorb potential losses. Pension investors who bought into Global Plantations Limited without those attributes may have put their retirement plans at risk.
Global Plantations Limited entered into insolvency proceedings in June of 2017. Many of the company’s investors were individuals who were advised to transfer their money into SIPP pensions in order to invest in the company. They were relying – perhaps more than they knew – on the company’s success in order to safeguard their retirement funds.
Sometimes Independent Financial Advisers provide drastically bad advice. If you were pushed into an investment in Global Plantations Limited (in either Bali or Malaysia), you may be entitled to start a ‘no win, no fee’ claim with our help.
Global Plantations SIPP Claims
The TheYEC team specialises in helping investors who have been mis-sold high-risk SIPP investments. Hundreds of our clients have been unfairly exposed to risk and had their retirement plans upended. We take pride in helping many of these clients find justice and recover some of their funds. It is always a pleasure to write a happier final chapter on a bleak pension story.