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Investments: Have you been mis-sold?

If you have been recommended to invest into a plan which did not suit your risk profile or if the risks were not explained properly, it is deemed as inappropriate advice.

For example, over the past decade many bank and building society cash investors were recommended to switch their savings to "higher risk" products such as with Profit Bonds, Stockmarket Backed Unit Trusts, OEICs or ISAs. Some banks and building societies incentifised their staff by paying commissions and bonuses if they switched clients out of cash accounts. Commissions were charged to the product recommended and paid for by the investor.

In many cases the advice did not suit investors and the risks were not fully explained.

For example, The Telegraph reported on the 11th December 2013 that the Lloyds / Halifax had been heavily fined by the Financial Conduct Authority (FCA) for mis-selling investments between January 2010 and March 2012.

If clients of the LloydsHalifax or any other bank / building society investors have lost money as a result of switching out of their cash savings account and into a riskier product, they can now make a claim for compensation if the risks were not fully explained at outset. 

Call us or contact us online and tell us about your own experience and we will confirm whether or not you can make a claim.

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Mr B, Derbyshire
£150,000 compensation

Excellent advice and support - from the initial enquiry to the final compensation award of £150,000 in respect of my mis-sold pension transfer from a Final Salary scheme.

Why Assist.Claims?

Gary Naylor - Partner

“I have over 35 years of experience in the financial services industry which include 18 years as an Independent Financial Adviser specialising in pensions and investments.

I also have experience in the compensation / claims business as a Director with Pension Advice Claims Ltd, where we had great success in claiming thousands of pounds of compensation for people who had been mis-sold personal pensions and SIPPS.

As your Claims Manager, I will personally and quickly review your case on its merits and will only pursue a claim if I believe you will win compensation. We promise to keep you informed during the process and we will only charge you when we are successful.”

- Gary Naylor