Mis-sold Self Invested Personal Pension (SIPPS)

Have you been mis-sold a Self Invested Personal Pension (SIPPS)?


You could be entitled to thousands of pounds of compensation if your SIPPs investments have been mis-sold.

A Self Invested Personal Pension (SIPP), is a personal pension scheme approved by the government. SIPPs were introduced in 1989, and since then more than a million UK citizens have used a SIPP to further their pension pot.
However, SIPPs are considered riskier than other types of savings as they rely on the success of where the money is invested.
Particularly risky investments are carbon credits, overseas investments, environmental related investments and certain types of property. SIPPs have been widely mis-sold, and a great number of people have lost much of their hard-earned savings as a result. A personal pension, or platform, have much lower charges and you may have been over charged.

How Do I know If I Was Mis-Advised On My SIPP?

You were advised to switch to a SIPP simply to tidy up your pensions.
You were not aware of higher annual management fees or that you would be charged for every transaction
You exceeded your annual tax free limit of £40,000 you may have been forced to pay 55% in income tax, leaving you significantly worse off than you would have been in an alternative pension scheme
You were given poor advice about the risk of alternative investments, indeed if you have lost money – check with us if your investment fund choice is one of the many “scams” which have been noted by the FCA.
Your adviser didn’t explain the high risks of investing in car parks, carbon credits, student accommodation, offshore funds etc.
Your adviser promoted the use of SIPPs for tax avoidance purposes
Or generally if poor advice left you worse off after investing in a SIPP scheme

Dr S - Oct 2020

My colleague recommended X-Claims to me. He was right, they are the best in the business and successfully fought my case. Thank you X-Claims!

Dr S - Apr 2020

Lorraine has provided me with excellent advice and achieved a good outcome, despite many challenges. I would highly recommend X-Claims.

Dr G - Mar 2020

Another doctor told me about your service. Without X-Claims I would not have challenged the financial advice I had received, nor the products I had been sold. They guided me through the process, kept me updated, took the hassle out of it, and as a result I have been awarded a significant sum of compensation. Thank you.

Dr W - Jul 2019

The process of making a claim for a mis-sold financial product was straight forward and painless by X-Claim’s experts. I was surprised and delighted with the outcome.

Ms G - Apr 2019

Thank you very much for pursuing this claim on my behalf and for the extraordinary result. I was aghast at the impact that a decision, made on bad advice many years ago, had on my pension.  Thanks to the expertise, tenacity  and sheer doggedness of you and your team that wrong has now been made good.

Dr D - Apr 2019

Thank you again for applying your significant astute observation, expertise and judgement to helping me obtain a just outcome with this issue of compensation for previous poor financial advice. Although the settlement is of course most welcome, the compensation for me is more than financial.

Dr B – Jan 2018

It was very easy to contact X-Claims and the whole process was straightforward and simple. Lorraine and Sophie were very helpful and efficient.