Claiming For Investments In Sustainable Agro Energy
Have you put money in Sustainable Agro Energy?
It’s an easy decision to make. Sellers presented it in a way that was especially attractive to investors looking for a ‘green’ pension investment. It had the potential to make the world a cleaner place – and, of course, to earn healthy returns. Many investors were directed to use a Self-Invested Personal Pension (SIPP) to buy into the company.
The theory behind Sustainable Agro Energy was that investments would pay for jatropha tree plantations in Cambodia. The trees would be processed into renewable biofuels. Investors would theoretically earn money while also reducing the use of petroleum energy sources.
Invested In Sustainable Agro Energy? It May Be Time To Claim!
Sustainable Agro Energy secured more than £23 million in UK investment capital. Many of the company’s investors used SIPPs to buy in. While this kind of investment is allowed in a SIPP, it falls outside the protection of FCA regulations. Sustainable Agro Energy is a high-risk investment, suitable only for certain types of investors.
That may not be the way Sustainable Agro Energy was presented by your financial adviser, though. If advisers pushed you toward investments for which you were unsuitable, they may have been negligent. You may be entitled to make a claim and recover lost money.