North West Landfill Claims Guide
The North West Land Fill investment was to take investor capital (with some from pensions), and invest it in a waste recovery plant, in relation to GDCV Investments as Project Manager.
Now it’s in liquidation.
In an update from the firm’s appointed liquidator in Feb 2017, negotiations with the Golf Club based site for the waste recovery plant fell through. With no alternative location set out, the £784,000 raised for the scheme were distributed in another fashion, with £500,000 loaned to “four entities” with a common director or company secretary, while the remaining £284,000 funds were used to “settle professional fees relating to the initial phase of the scheme, including commission paid to financial advisers that “assisted in obtaining the funds”.
Not only that, but North West Landfill may have been mis-sold to some investors through SIPP pensions.
Get started nowCan you claim for North West Landfill mis-selling compensation?
Several financial advisers and the FSCS have been paying out compensation the mis-selling of investments like North West Landfill via SIPPs and SSASs for a few years, with Spencer Churchill Claims Advice often leading the claim on a No Win – No Fee* basis.
If you:
- Transferred your pension to a SIPP
- Invested in North West Landfill investments or other high-risk investments
- Aren’t earning over £100k per year
- Aren’t a Sophisticated Investor
Then you may have been mis-sold, and you could be able to make a claim for negligent SIPP advice.
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Mis-sold SIPP Invesments
Because North West Landfill Investments was a high-risk investment not regulated by the watchdogs at the FCA, financial advisers should have been thinking twice about advised people to invest in it.
The rules are that investors looking to place their money with a scheme like this should be high-net worth individuals (such as those earning over £100k per year) or those with Sophisticated Investor status – people with a wealth of experience in investing.
Instead, many financial advisers negligently told ordinary people to make high-risk investments like North West Landfill, putting their retirement funds at risks after mis-sold transfers to SIPP pensions.
If you believe you may be one of those who may have been mis-sold, get it touch with our team of mis-sold pension claim specialists to see if you can make a claim on a No Win – No Fee* basis.
Northwest Landfill Investment
2011 - Formation
2016 - Winding Up
Just over 4 years later, the company started to wind up, despite taking money on board.
2019 - Dissolved
North West Landfill Investments is dissolved by liquidation on 11 April 2019.
