BBC Panorama is set to investigate the sale of overseas property Sipp investments in a programme to air next week.
The Great Savings Wipe Out will be shown on BBC One at 8.30pm on 25 March. The show travels to the Caribbean island of St Vincent to inspect properties that have received investment but have yet to be built.
The BBC website states: “A worrying number of savings scandals are coming to light as more than a million people chose to look after their own pension savings through Sipps.
“In a second Sipp case a respected finance house failed to raise the alarm to investors before £100m went missing after clear warnings to the financial regulator from a whistle blower.”
In January, the FSA warned advisers to ensure clients putting money in Sipps through unregulated overseas property firm Harlequin Property to be careful regarding investment suitability.
The alert said: “If a financial adviser recommends a Sipp knowing that the customer will sell current investments to invest in an overseas property, then just how suitable the overseas property investment is must form part of the advice given to the customer.
“If, having taken into account the customer’s circumstances, the financial adviser believes that the original investment is more suitable for the customer than moving to an overseas property, then the financial adviser must explain why the investment in the overseas property via the customer’s Sipp is not suitable for the customer.”
Update: The Great Savings Wipe Out has now been postponed and will not be shown by the BBC on Monday.
A BBC spokeswoman says: “We received information late in the production process of this film which has meant we have to postpone broadcast. It is hoped the film will be shown sometime in the near future.”