Ethical Forestry was a Bournemouth based company that sold investment in Costa Rica, based around Melina trees. High returns were promised by Independent Financial Advisers, with thousands of people transferring their personal pensions into a SIPP that included investments in ethical forestry. However, the business soon hit trouble and the investments have become next to worthless.
Many of these investments were sold via cold-calling and mis-leading information around what the returns may be on the investment. The Serious Fraud Office has commenced proceedings against the firm, and these investigations are still on-going.
If advice was provided to you by a regulated Independent Financial Adviser it is possible you could make a claim. Such firms have been highlighted by the Financial Conduct Authority and investigations are on-going. If your portfolio included investments in schemes such as that provided by Ethical Forestry UK you could be entitled to claim.
Millions of pounds have been invested in this scheme and many of the investments now appear to be worthless. If you feel this could be you, contact us at the number above to speak to an experienced pension claims adviser, or fill out the form below and we will get back to you.
In order to determine if you are eligible for a SIPP compensation claim please check If any of the following statements is true in your case:
If any of the above points stand true, then it may be possible for you to get compensation.
Our pension redress calculators will give you an indication of how much your mis-selling refund could be worth. If your case is upheld, the exact value of your refund will not be known until all the facts of your case have been disclosed and a final figure calculated by the firm.
Ongoing Monthly (£) is optional if you continued to pay in each month after switching.
Select the rate that you feel your previous pension was growing at. 3% Low, 6% Medium or 9% High rate.
See what your pension would have been worth if you had left it in the previous scheme vs. the new scheme. Choose to compare current value or value at your chosen retirement age.