13% guaranteed returns

We see it as part of our responsibility as a firm to post a warning to our clients when we feel it is appropriate to do so.

I have been participating in a discussion thread on an intermediary online forum where participants share ideas and sometimes challenges with which they are faced.

A contributor pointed out that a property company was advertising a property development which would guarantee a 13% per annum return.

The target audience for this advertisement was people with money in their Self Invested Personal Pension (SIPP) who were looking for better investment returns.

This is not an unusual occurrence; we see examples of such “investment opportunities” on a regular basis.

Our advice is as direct as it is stark. Do not invest in such schemes.

There is a very good chance that you will lose all of your money.

Take impartial, independent and professional advice from a competent adviser before you invest in any investment product that is not authorised and regulated by the Financial Conduct Authority.

Remember something that sounds too good to be true is almost certainly too good to be true.

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