SIPP Operator Claim
FSCS DEFAULT

Corporate & Professional Pensions (CPPL) — SIPP Operator Claim

Corporate and Professional Pensions Ltd (CPPL) is an FSCS-defaulted SIPP operator that failed following critical FOS rulings for allowing pension funds into fraudulent bio-fuel assets including Sustainable AgroEnergy. FSCS compensation is available for eligible claimants.

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What Happened

Corporate and Professional Pensions Ltd (CPPL) was a SIPP operator that lost multiple critical FOS rulings for allowing client pension funds to be invested in fraudulent bio-fuel assets — most notably Sustainable AgroEnergy (SAE), a scheme that promised returns from Jatropha biofuel plantations in Guatemala. The investment was later exposed as fraudulent and FCA enforcement action followed.

CPPL accepted SAE investment applications from a network of unregulated introducers without conducting adequate due diligence on either the introducers or the underlying investment. The FOS repeatedly upheld complaints against CPPL, finding it had breached its regulatory obligations under FCA Principles 2 and 6 by allowing the transfer of pension savings into what the FCA described as a fraudulent scheme.

The FSCS declared CPPL in default following its inability to meet the resulting wave of compensation liabilities. FSCS claims are now open.

Which Claim Routes Apply

Route 3

FSCS Compensation

CPPL is in FSCS default. Direct FSCS claims are open. The FSCS is assessing claims relating to CPPL's acceptance of fraudulent bio-fuel investments — including Sustainable AgroEnergy — into client SIPPs without adequate due diligence.

Up to £85,000
Route 4

Civil Litigation

Where your loss exceeds the FSCS cap or where unregulated introducers trigger FSMA s.27 rights, civil court proceedings may recover the full uncapped amount.

Uncapped — court proceedings
⚠ Time Limit Warning — Act Now

CPPL claims involve Sustainable AgroEnergy investments made between approximately 2009 and 2013. For many claimants, the six-year absolute FOS clock from the date of transfer may have expired. However, the three-year awareness clock runs from when you first knew or ought to have known about your loss — and for some claimants this may have begun only when FSCS default was confirmed. The FSMA s.27 civil route has separate limitation considerations. An urgent assessment is strongly recommended. See redressadvisory.com/time-limits for the full limitation framework.

Indicative Compensation Range

FSCS Route (Route 3)
Up to £85k
FSCS statutory cap £85,000 per firm
Civil Litigation (Route 4)
Full transfer value
Uncapped — court proceedings

Figures are indicative only and based on typical case profiles. Your actual position depends on your specific circumstances, the transfer value, and the applicable claim route. Not a guarantee of outcome.

Frequently Asked Questions

What was Sustainable AgroEnergy?

Sustainable AgroEnergy (SAE) was a biofuel investment scheme promising returns from Jatropha plantations in Guatemala. It was later found to be fraudulent. The FCA took enforcement action and CPPL's acceptance of SAE within SIPPs formed the basis of multiple FOS upheld complaints.

Is it too late to claim against CPPL?

Possibly not. Whilst the six-year FOS clock may have expired for some claimants, the FSCS route, the FSMA s.27 civil route, and the three-year awareness clock each have different limitation considerations. A formal assessment is the only way to know which routes remain open for your specific case.

I was not told the investment was fraudulent — does that affect my claim?

The fact that you were not aware the investment was fraudulent at the time is highly relevant. The FOS applies a reasonable awareness test — the clock starts from when you first knew or ought to have known about the problem, not from the date of the original transfer.

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Redress Advisory Ltd is a technology platform. It is not a claims management company authorised by the FCA. All regulated claims work is carried out by our SRA-authorised Operating Partner solicitor firms. You may complain directly to the Financial Ombudsman Service (FOS) on 0800 023 4567 or to the Financial Services Compensation Scheme (FSCS) on 0800 678 1100, both free of charge. Compensation ranges are indicative only and are not a guarantee of outcome. Time limits apply. Legal references: Berkeley Burke v FOS [2018] EWHC 2878 · Adams v Options UK [2021] EWCA Civ 1188 · Fletcher v Options UK [2024] EWCA Civ 541.