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CL&P Brokers Pension Transfers

We have experience speaking to a few people who transferred their pensions after a cold-call from CL&P Brokers – an unregulated marketing firm operating (from what we can see) out of Spain.

Commercial Land and Property Brokers, of which Terence Wright was a director are known to have marketed two high-risk and Non-FCA regulated investments, including a the Store First Ltd Store Pods scheme and Australian farm land investment, which often seems to have involved the investor transferring their pension(s) into a SIPP: Self-Invested Personal Pension with Carey Pensions

CL&P wasn’t a regulated financial adviser, and people who transferred and invested their pensions after one of those cold-calls may have been mis-sold, and may be able to claim.

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How SIPP investments mis-sold?

There are strict rules about high-risk investments, enforced by the FCA.
If you invested in Store First but don’t fit any of the descriptions listed below, you may have been mis-sold, and could potentially claim.

a Sophisticated investor
SOPHISTICATED INVESTOR Do you have a wealth of knowledge and experience in investing?
HIGH NET-WORTH 1 Do you earn in excess of £100,000 per annum?
High net worth individual
HIGH NET-WORTH 2 Or do you own £250,000 worth of investable assets?

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