Many companies offered carbon credits to unsuitable investors looking to increase their retirement funds.
If this happened to you, APJ Solicitors could help you gain thousands in financial redress.
A carbon credit gives the holder the right to emit one tonne of CO2. They were introduced when regulations came into force to reduce the amount of CO2 emitted by companies. Where a company could not meet its CO2 obligations, it could purchase a carbon credit enabling it to emit more CO2 than it should.
Some companies offered carbon credits to investors making SIPP decisions to increase their retirement pot. In many cases, those people should not have been sold this type of investment and could be eligible for compensation.