Time's Ticking: Reclaim Your Verdant Investment

Investment

Were you convinced to transfer your pension assets into Verdant Australian Farmland? If so, you're probably facing significant financial loss right now. Don't worry; you're not alone, and there's still hope. We're CP Financial Claims, and we're here to guide you through this mess. Read on to find out everything you need to know.

The Pitch That Sounded Too Good to be True

When GAS Verdant Australian Farmland was initially introduced, it seemed like a golden opportunity. The investment, offered via GAS Global Agricultural Services, promised investors ownership of farm plots in Australia and handsome returns from the sale of crops. But today, this investment is valued at zero by the Financial Services Compensation Scheme (FSCS).

Who's Behind This?

Several companies were part of promoting this failed investment. Names like GI&P Brokers, PFR Services, and TPS Land come up frequently. These firms would typically direct you to either a fully regulated Independent Financial Advisor (IFA) or a Self-Invested Personal Pension (SIPP) company. But remember, many of these "introducers" were unregulated and often based abroad, leaving investors with limited recourse.

Involved Pension Funds and IFA's

If you invested your pension in Verdant Australian Farmland, you likely dealt with one of the following pension funds:

  • Carey Pensions
  • Berkeley Burke
  • Guardian Pensions
  • Lifetime SIPP

In addition, Archer Bramley, an IFA that went into liquidation and was de-authorised by the FCA in March 2015, was also involved in advising on these investments. Archer Bramley often arranged investments in Verdant Australian Farmland and Harlequin Property, both of which are also overseas.

Previous Failures in Agricultural Investments

The Verdant Australian Farmland debacle isn't an isolated incident. High-profile failures include Ethical Forestry's tree plantation in Costa Rica and Global Forestry's Brazilian teak plantation. These should serve as cautionary tales for anyone considering similar investments in the future.

Where Was the Duty of Care?

Both IFA's and SIPP Pension Companies are regulated by the Financial Conduct Authority (FCA). They are required to follow strict regulations, including a duty of care to potential customers. In this case, both failed to inform investors adequately about the inherent risks associated with this type of non-regulated investment.

The Clock is Ticking

It's crucial to act quickly. Companies can reject claims if the advice was given more than six years ago. So, if you have been involved in this investment, now is the time to take action.

Why file your Verdant Australian Farmland claim today? Time is running out for many investors to make their claims. As we've mentioned earlier, the window is closing fast due to the six-year limitation. This type of high-risk, unregulated investment should have never been recommended for inexperienced investors. Therefore, your financial advisor and pension company should be held accountable.

Why Trust Us At CP Financial Claims?

At CP Financial Claims, we're committed to helping you navigate through the complexities of filing a claim. If you recognise your situation in any part of this article, reach out to us immediately. While we anticipate more information surfacing about these failures, don't wait to take control of your financial future.

Contact Us

Submit your contact details by the form below for a free, no-obligation chat.

Have You Been Affected?

At CP Financial Claims, our goal is utmost transparency. You'll only be charged a fee if we successfully secure financial redress for you. The success fees can range from 15% to 25% of your settlement, depending on the amount. For more information, click here.
In the event that you pursue your claims until the end but they turn out to be unsuccessful, you won't owe any payment. If you decide to cancel your claim after the 14-day cooling-off period but before the process concludes, there may be a cancellation charge. To learn more about cancellation fees, click here.

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