Presently, the investors of Harlequin property are getting confused whether they would still be repaid or not by the company. According to the investors, the unauthorized company is not even certain if they could bring back the third of an investment to a certain person. This is due to the fact that such amount of money has been given to sales agents. Until now, the lawyers are trying to advise people to safeguard their money as much as possible, especially now that there is a possibility for Harlequin to fail. If you want to prevent such scenario, you should understand how you could survive from missold Harlequin property investment.
The Issue Behind Missold Harlequin Property Investment
It was found out that the investment of approximately £300 million in Harlequin, which mostly came from the pensions of investors are no longer liable for being refunded by the investors. Due to this, influx of complaints is being made against Harlequin. According to the reports, there are no returns provided to the investors despite the fact that they are assured with one since they had invested to Harlequin Property. In addition to this, this is a big issue for most investors for as stated by them, the failure of investment would yield a large impact on their lives.
Investigations Are on Hand
The concerns about missold Harlequin property investment had sparked investigators, including UK Financial Services Authority, to get more information regarding the investment proper of Harlequin Property. According to the recent reports, Harlequin Property is not even regulated by the FSA, thus unreliable to provide your investment with. Unfortunately, Harlequin has not been contacted yet for the investigation, but the company welcomes discussion of matters on hand. The details are still incomplete, especially now that leads like advisers are said to be no longer working with Harlequin, which dealt with some investors.
Get a Qualified Plan
If you want to ensure that you would not be experiencing the same dilemma caused by missold Harlequin property investment, you should then look for a suited plan that would guarantee you returns in the long run. Before you even invest using your pension, you should ensure the real process involved in the transferring proper. Most people overlook this matter, causing lost of their investment. Furthermore, make sure that you would get a qualified plan from a reputable provider.
Misselling of Pension Concern
Misspelling pension is the great mistake done by the investors of Harlequin property. It seems that they are lured into transferring their policy without due concern to the returns they would get. Be reminded that once your transfer your employment pension, there is a great possibility that you would lose everything. It seems that investment in Harlequin pictures a personal policy as well.
Hoping for a Light
The investigators of missold Harlequin property investment are still doubtful whether the safety of the investments could still be guaranteed, especially now that lack of information from Harlequin is a big issue to solve until now. Responses and meetings are still to be gained before pushing through confident complaints against Harlequin.