Illiquid SIPP advice

Blackbird73

My father passed away in Sep 2018 and as administratior of his estate I have discovered a SIPP that was arranged by Portafina in 2000 with investments through Curtis Banks which I have discovered are illiquid. From doing some amateur research I believe my father may have been mis-sold the SIPP, I have a letter from Portafina basically apologising that the SIPP had not performed and that they would protect his retirement income. I have a telephone appointment booked next week with an adviser from Portafina and my question is what can I expect from them in regards of settlement? Would it just be the original amount invested or an amount including interest? I am hoping to arm myself with some info before speaking to them as they have already tried to fob me off by telling me that I need to deal with Curtis Banks. Thank you for your time.

Dox

Have a look at:

https://forums.moneysavingexpert.com/discussion/5631320/portafina#4
https://forums.moneysavingexpert.com/discussion/5848512/illiquid-funds

MarkCarnage

You might want to do some research on suitability of pension investments involving Portafina which ended up with the Financial Ombudsman service. Pretty straightforward to search their database for these.