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How safe is your pension investment?

Fiduciary Wealth Team

There is an old saying that “if it seems too good to be true then it probably is”. We now understand that another biofuel fund, this one investing in an Australian plantation, has gone into liquidation and investors face a worrying waiting to see if they will get any return from the administrators. Between 2010 and 2013 this fund raised over £24 million from UK SIPP investors. Even a seemingly innocuous fund like one based on financing legal fees can be a major risk and there is one based in Cayman Islands which is currently in administration with investors anxiously waiting to find out what return, if any, they might receive.

What makes investors lose their heads when it comes to their retirement savings? Is it greed that makes them chase the promise of unrealistic returns or is it commission hungry advisers recommending funds purely based on the amount of commission they can generate for themselves whilst failing to carry out any due diligence on these esoteric investments knowing that they will not have any long term relationship with the client so it will be down to someone else to pick up the pieces?

Fortunately there is another way. If you want a properly constructed portfolio based on regulated funds that will stand the test of time then you should speak to an adviser who puts the needs of the client first and who prefers long term relationships over short term gain. If you are worried about the investments in your portfolio, or need to have them reviewed for peace of mind, then contact us on +350 200 50982 or by email to wealth@fiduciarywealth.eu to arrange a meeting.