Investing in a Spanish vineyard with the possibility of visiting the location on occasion is something that would be appealing to many people. This is exactly what Los Pandos offered to investors.
The problem is, Los Pandos was a high-risk investment that was completely unsuitable for retail investors – such as those making a SIPP investment as part of their retirement planning.
If you invested in Los Pandos, it’s time to start exploring ways of getting your money back.
We Can Help You Recover Your Los Pandos Pension Losses
Our team has experience helping people make claims for mis-sold Los Pandos investments. To see if we can help you too, please complete the form and a Goodwin Barrett advisor will get back to you.
What is Los Pandos and Why Was It Unsuitable for SIPP Investments
Los Pandos was a vineyard investment that promised high returns of up to 39 percent within two years. The vineyard covered 80 hectares in the east of Spain
In addition to the promised returns, investors were also promised free hotel stays plus they were told the vineyard would be run in a way that was environmentally friendly.
As it was sold as a SIPP investment, many UK investors put their pension pot into Los Pandos. However, it was an investment that was not regulated or covered by the FCA. In other words, it was high-risk, making it only suitable for experienced investors and people with a high net worth.
So, if you were sold a Los Pandos SIPP and you are not high-worth and do not have extensive investment experience, you may have been mis-sold. Get in touch today to find out if you can make a claim.