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Investments

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Suspended investment fund

2 replies

shouldveputitinthemattress · 13/11/2018 11:48

I wondered if there's anyone on here with experience as a financial advisor who can answer this (hopefully short) question?

My DH, on the suggestion of a financial advisor, put some of his pension into the Columna Commodities Fund - now in liquidation as I understand it.

My DH has now been contacted by a firm offering to represent him, along with others, to attempt to recover something from the fund: the firm is Intel Suisse. They ask for 17 percent of any recovered sums.

I wanted to ask: if you work in the industry, do you know that firm, and does 17 percent sound like a reasonable figure? How would you go about getting advice or representation in this situation, is there anywhere else we can go? I'm quite adrift with all this unfortunately - if it was the UK I would know where to find information but we're in one country, the fund is in another...

That is for any help!

OP posts:
shouldveputitinthemattress · 13/11/2018 11:49

Thanks for any help...

OP posts:
Sunseed · 13/11/2018 13:15

You say you're not in the UK. Where is the financial adviser who recommended the Columba fund based? Are they regulated in any way?

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