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Rimondi Grand Investment Claims Guide

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The Rimondi Grand SIPP investment allowed investors to invest their pension into a hotel resort in Crete by transferring their retirement fund into a Self-Invested Personal Pension.

But not everyone was told that the Rimondi Grand investment was a high-risk scheme, not regulated by the watchdogs at the Financial Conduct Authority.

Nor were some investors assessed properly for their suitability for such a high-risk investment, which has meant that many investors have already claimed for their mis-sold Rimondi Grand investment.

Can you make a mis-sold pension claim over Rimondi Grand to help save your retirement?

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When you get let down by someone you thought you could trust, it can leave its mark on you, emotionally and physically.


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What Is The Rimondi Grand Investment?

The Rimondi Grand is yet another example of a high-risk overseas property investment that was widely mis-sold by financial advisers through SIPP pensions.

Fully named the Rimondi Grand Hotel & Spa and based in Crete, the investment was never regulated by the FCA, making it unsuitable for many potential investors.

Sadly, some financial advisers are known to have skipped the rules for this kind of investment either through negligence or due to high-end commissions on offer, leading many people to a mis-sold SIPP situation that threatens their retirement.

See if you can make a claim with the specialists at Spencer Churchill Claims Advice.

Can You Claim For Rimondi Grand Mis-Selling Compensation?

Several financial advisers and the FSCS have been paying out compensation over the mis-selling of Rimondi Grand and similar investments 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 Rimondi Grand 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.

Rimondi Grand Timeline Of Events

  • FOS Complaint


    Way back in 2010, a Mrs H was introduced to the Rimondi Grand Hotel investment, as dealt with Premier Financial Solutions in order to set up the SIPP and investment.In 2015, the FOS upheld her complaint that PFS did not act accordingly, and PFS were told to compensate her for this high-risk investment.

  • Valued At £1


    A letter to clients from a large SIPP provider informed Rimondi Grand investors that due to “material uncertainty affecting this [the] investment”, they considered any Rimondi Grand investment to now be worth £1.

Do you know how people complained about mis-sold investments and pensions in the last year?

A lot. Over twenty thousand complaints were made about mis-sold pensions and investments in 2020/21, a figure which had doubled since the year before.. It’s no secret how serious this problem is, and it just seems to keep getting worse.

People receive poor financial advice every day. Sometimes they don’t even realise that they’re owed whopping amounts of compensation.
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Have You Been A Victim Of Financial Mis-Selling?

Answer a few questions and find out if you have good grounds to make a financial compensation claim:

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Were you told to invest all, or most, of your savings into a single product?

Reaching out for help is never easy,
especially if you’ve been misled in the past.

But getting in touch with us won’t commit you to anything. We want to toss you a lifeboat and guide you through the choppy waters of the financial ocean, not leave you struggling to stay afloat. Our experts are here to offer advice and support on financial claims. We know what we’re doing and you can trust that if you’ve got questions, we’ve got answers.

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Spencer Churchill Claims Advice Will:

  • Speak to you in plain English
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  • Pay attention to the small details of your case
  • Keep you up to date with the status of your claim
  • Make sure you understand our charges
  • Do absolutely everything we can to win your claim

Speak to an expert today

We have decades of experience in helping people claim back money that is rightfully theirs. Whether you want to make a mis-sold pension claim, have questions about a mis-sold investment, or you’re just looking for some advice you can trust – we’ve got you covered. Reach out to our team today for a no-obligation, completely free chat. 

Call: 01204929929

Office Hours:

Monday: 8:00am–6:00pm
Tuesday: 8:00am–6.00pm
Wednesday: 8:00am–6:00pm
Thursday: 8.00am–6.00pm
Friday: Office Closed

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