Have you lost money as a result of investing in a pension with Elysian Fuels? Then you should know that many others in your exact situation have made claims against the company to seek compensation and justice for their mis-sold investments.
Elysian Fuels offered its clients the chance to invest in SIPPs (self-investment private pension schemes). But many of those who signed up for these SIPPs lost thousands from their pension funds. These pension holders subsequently complained that the company had not informed them of the possible consequences of joining the scheme, only the possible benefits. In not properly explaining the high-risk nature of the SIPPs, Elysian Fuels failed to uphold its regulatory duty to protect its clients.
Many similar cases of mis-sold pensions have resulted in large compensation awards. If you believe that you are a victim of Elysian Fuels pension mis-selling, contact Keller Postman UK and our specialist lawyers will investigate your case and fight for the compensation you deserve.
If you are unsure of whether or not you are eligible to make an Elysian Fuel compensation claim, then ask yourself if any of the following are relevant to you:
SIPPs are self-investment private pension schemes that let their holders choose the investments that their pension fund goes into.
SIPPS can offer high rewards. But a SIPP is only recommended to expert investors experienced in the stock market precisely because of the risks involved. Many clients who made the switch to a SIPP were not made aware of the possible ramifications.
There has been a large uptick in mis-sold pension cases over the past few years. One commonality between most of these claims is that the pension holders were introduced to the SIPP providers in question via third-party, independent investment advisors. In addition, many clients report that there were only told about the benefits of the private scheme, and that they made the decision to switch without being aware of the disadvantages.
Elysian Fuels boasted that through investment in sustainable, renewable fuels, pension holders would help both the economy and the environment. However, the investments themselves were high-risk and volatile, a trait that isn’t suitable for long-term pension schemes. The price of oil plummeted and the bio-ethanol facility where the renewals would take place was sold. Clients were kept in the dark throughout.
If you have been affected by pension mis-selling, contact Keller Postman UK today.
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Where multiple people have received negligent or fraudulent pension advice from the same professional advisor/company, we can help them to recover their losses collectively. Group actions can be a powerful tool and can have a bigger impact than a single claim.
CONTACT US TO DISCUSS A PENSION MIS-SELLING GROUP ACTION CASE