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Ethical Forestry Limited

The Director of the SFO opened an investigation into the tree based investment schemes run by the Ethical Group that included Ethical Forestry Limited in December 2016.

The Proceeds of Crime and International Assistance Department has also opened a confiscation investigation into all suspects.

Investors who meet the following criteria may be able to claim compensation from the Financial Service Compensation Scheme (“FSCS”) if:

  1. The investment was via a Self-Invested Personal Pension Plan (SIPP);
  2. They were advised by an Independent Financial Advisor (IFA) who is no longer in business;
  3. The IFA was registered with the Financial Conduct Authority (FCA).

For further information please visit the FSCS website at

Investors update – 10 November 2020

The investigation into Ethical Forestry is ongoing and being progressed whilst social distancing measures are in place. The SFO would like to thank those investors who have already completed our investigation questionnaire. Please retain any correspondence and documents you hold in respect of your investment.

If you have invested funds into these schemes and have not yet completed our investigation questionnaire, we would ask that you do here:

Should you have any queries or require assistance completing our questionnaire, please contact our dedicated Support Officer, Matthew Herdman by email at or, if you wish to contact us by telephone, on 07394 410 546.

Retention of Documents

Investors in Ethical Forestry Ltd should advise the SFO if they have any documents relating to their investment. This includes any documents or correspondence held in an electronic format, for example emails. Please do not dispose or destroy any of this information as we may wish to consider it for the purposes of our investigation.

Contact Details

Please do not forget to update us if your contact details change or have changed since you completed a questionnaire.

Tudalen wedi ei chyhoeddi ar 8 Maw 2017 | Tudalen wedi ei haddasu ar 10 Tach 2020