A trial against collapsed self-invested personal pension (SIPP) provider Liberty SIPP has been set for September, according to an update from its administrators.
A statement of administrator's proposal was uploaded to Liberty SIPP's Companies House page on Monday (29 June), which contained details about the firm's collapse and ongoing claims against it. Liberty SIPP entered administration in April following a number of high-risk non-standard investment claims against it. The company was advised it was insolvent based on the number of claims, and advised to enter administration to protect any creditors, including former customers. According to the administrator's proposal, prior to the company's insolvency, a number of solicitors acting on b...
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