Liberty SIPP facing fresh legal claims over unregulated investments

The firm, Anthony Philip James & Co (APJ), will seek to consolidate the claims against Liberty Sipp, alleging the pensions provider is responsible for the mis-selling of Sipps between 2011 and 2013. The claimants' Sipps were invested into a range of schemes, including 'ethical forestry' and 'global', following introductions from unregulated introducer Avacade, which is now the subject of a criminal investigation by the Serious Fraud Office, and is facing legal action from the Financial Conduct Authority. A solicitor at the firm told Professional Adviser it planned to serve legal paper...