Claims of Financial Professional Negligence
Financial services must be sold in a manner that is fair, clear and not misleading.
What does it mean?
If you have been recommended a financial product (such as a pension, investment scheme, or stocks and shares) the product must be ‘suitable’ for your needs at the time of purchase.
If it wasn’t suitable for you, you might be entitled to compensation.
What are examples of mis-selling?
You were sold a financial product that was not suitable for you;
You were not given a proper explanation about the risk of an investment for your pension;
You were not given enough information to enable you to make an informed decision about the financial product.
How we can help you
We have specific expertise in the financial services sector and can assess the likelihood of a successful claim based on the quality of the advice you received in light of your personal circumstances.
We can then help choose the best route, be that through the courts, Financial Ombudsman Services (FOS), Pensions Ombudsman or mediation.
Some of the issues we can advise you on:
Pension mis-selling such as transferring out of a defined benefit/final salary scheme; self invested personal pension (SIPP) mis-selling and poor advice on a pension annuity
Investment mis-selling into high risk products such as overseas property, storage pods, off plan property and carbon credits
Mortgage mis-selling such as mortgages that run past retirement age, equity release, remortgaging unnecessarily and self-certification mortgages
Earning commission for switching your money from product to product regardless of whether you gain or lose money as a result of the switch.