Help - Property Investment Partnership

princess23

Has anyone had any dealings with this company. We are thinking of investing some of our tax free pensions into this company who offer a good % on fixed terms they are not FSCS registered but are the sister company of Insight Financial Advisors TIA

Dazed_and_C0nfused

princess23 said:

Has anyone had any dealings with this company. We are thinking of investing some of our tax free pensions into this company who offer a good % on fixed terms they are not FSCS registered but are the sister company of Insight Financial Advisors TIA

Do you mean Property Investor Partnership?

Gary1984

Their website states:

"Please note: These opportunities are only available to qualifying investors who meet the criteria of a High Net Worth Individual or a Self-Certified Sophisticated Investor."

Do you meet this criteria? If not then stay well clear.

poseidon1

Dazed_and_C0nfused said:

princess23 said:

Has anyone had any dealings with this company. We are thinking of investing some of our tax free pensions into this company who offer a good % on fixed terms they are not FSCS registered but are the sister company of Insight Financial Advisors TIA

Do you mean Property Investor Partnership?

If that is the correct name for the 'business' then the advice is don't unless prepared to lose the entire investment.

This business requires you to self certify as a 'sophisticated investor' or consider themselves to be 'High net worth'.

I would guess the OP is certainly not within the first definition ( would not be questioning a bunch of random strangers on the internet if they were) and questionable whether ( from previous posts) they qualify as HNW  ( liquid assets in excess of £1 million excluding home).

People who are not within those stated investor categories and therefore can ill afford to lose their investment, should stay well away from  non regulated 'investment' businesses, and keep within the relative safety of the regulated sector.

Eyeful

1. How did you find out about these two companies?

2. Tell us what this " good % on fixed terms" is?

3. There may be other companies of the same or similar name to them.They could even be a clone of a company!
So tell us what information you have on them (Website, Phone Number, Address, etc)

4. I cannot find any record on the FCA Financial Service Register for a company called "Insight Financial Advisors".
So how did you find out about this 2nd company you have named?
What further detail do you have about this one as well?

Stay away if you found out about them from:
(a) Advert on a social media site.
(b) Email sent to you.
(c) Cold call

Aretnap

Gary1984 said:

Their website states:

"Please note: These opportunities are only available to qualifying investors who meet the criteria of a High Net Worth Individual or a Self-Certified Sophisticated Investor."

Do you meet this criteria? If not then stay well clear.

And even if you do meet it, you should still exercise a great deal of scepticism. When investments are restricted to sophisticated or HNW investors is usually because they are much higher risk and/or come with much less consumer protection than mainstream investment products. Basically being a sophisticated or HNW investor means that the sharks are allowed to eat you. It doesn't mean that you need to jump into the tank with them.

UncleK

I don't think there a bargepole long enough!

MEM62

princess23 said:

We are thinking of investing some of our tax free pensions into this company who offer a good % on fixed terms they are not FSCS registered but are the sister company of Insight Financial Advisors TIA

poseidon1 said:

Dazed_and_C0nfused said:

princess23 said:

Has anyone had any dealings with this company. We are thinking of investing some of our tax free pensions into this company who offer a good % on fixed terms they are not FSCS registered but are the sister company of Insight Financial Advisors TIA

Do you mean Property Investor Partnership?

This business requires you to self certify as a 'sophisticated investor' or consider themselves to be 'High net worth'.

How many red flags do you need?  Based on the above statement, no IFA would be recommending this investment as suitable for Mr. or Mrs. Average..   

dunstonh

Unregulated investments are generally considered unsuitable for the vast majority of retail investors. Even many sophisticated/high-net-worth clients tend to avoid them, but where they do consider them, the general rule of thumb is not to invest more than 5% of your investable assets in them.

daveyjp

There are high net worth individuals who will happily approach companies like this (there are dozens) and drop £1m on the table to invest in BTL properties.  They do this in the knowledge that £1m is a small percentage of their net worth and high risk investing is part of their wider strategy.

If you fit this model of investor go for it, but those investors generally don't come to MSE for advice, so if you don't walk away.

Albermarle

. We are thinking of investing some of our tax free pensions

It is not clear what exactly you mean by 'tax free pensions'
Normally pensions have a tax free part, but the majority of the pension is taxable.

Depending on what type of pension it is ( DB  or DC) the money will be safer either left in the pension, or if that is not possible, invested in something more mainstream and regulated.