Mis-Sold Investment Claims
Are you worried that you may have invested into something that wasn’t right for you?
Investments are supposed to secure your financial future. If we don’t want our cash losing money to inflation, we have to invest it which means its value should go up, but may also go down. However, some investments are never going to be right for you.
Mis Sold Investment Compensation
Put simply, a low-risk investor should not be in a high-risk product because it’s too risky/volatile and a high-risk investor should not be in a low-risk product because it will not give them the growth they want to achieve.
If you think you have been mis-sold an investment product it means somebody either sold you an investment which wasn’t suitable for your attitude to risk, needs and objective, didn’t disclose risks to you or didn’t even check what your attitude to risk was.
A lot of mis-sold investments come from people abusing positions of trust to sell investments to customers friends and family without thinking about long term implications if those investments fail to perform.
If you are worried this has happened to you, we understand how disheartened and even embarrassed you feel, but you do not have to face it alone.
We can investigate what grounds you have, to seek restitution and if needed we will help you pursue cash compensation or redress for your losses without you having to deal with any of the parties involved.
Reach out to us today to explore how we can help you recover from a mis-sold investment.
Mis-Sold Investment Claims FAQs:
What is a mis-sold investment claim?
A mis-sold investment claim is a request for compensation due to financial loss resulting from inappropriate or misleading advice on investment products.
What are common signs that an investment was mis-sold?
Signs include not being informed of the risks, being pressured into an investment, or being advised to invest in products that do not suit your financial situation or goals, cold calling and pressure tactics.
Who can make a mis-sold investment claim?
Any investor who has suffered financial losses due to poor or misleading advice may be able to make a claim.
How long do I have to make a mis-sold investment claim?
You generally have six years from the date the investment was made or three years from when you became aware you can make a claim for investment mis-selling.
What compensation can I expect from a mis-sold investment claim?
Compensation may include the recovery of lost funds, reimbursement of fees, and interest on the losses incurred to date.
What is the process for making a mis-sold investment claim?
The process begins with an assessment of your case, followed by gathering evidence. We then value and submit your claim. We handle all settlement negotiations and if necessary,
We have successfully helped over 600 clients gain the
compensation or redress they deserved.
How it Works
If you believe that your pension, investment, car finance, other lending or business energy may have been mis-sold, you may be able to make a claim for compensation. The process for making a claim typically involves the following steps:
1. Online Sign Up or Phone Consultation
We know financial claims can be intimidating so we’re here to help you every step of the way. Use our handy claims calculator or ask Callum, our AI assistant any questions you may have. You always have the option to talk to one of our claim experts if you prefer.
2. Getting the Evidence together
Don’t worry if you don’t have all your documentation. As regulated solicitors, we can chase in all the documentation relating to your claim from the providers involved, such as contracts, statements, and communications. All you have to do is appoint us to collect this information on your behalf.
3. Submit your Complaint
We will value your claim and then submit a claim to the Financial Services Compensation Scheme or raise a formal complaint to your pension provider, financial adviser, car finance provider or business energy adviser outlining the reasons why we believe you are entitled to compensation or financial redress.
4. Await response
We will provide regular updates and chase your claim through to a final response. If we are unhappy with the response, we will pursue a claim through the Financial Ombudsman Service or if required escalate your claim to a formal tribunal which means representing you in court.
5. Acceptance of Offer
Once you are satisfied with the level of compensation or financial redress, we will claim the reward and distribute the funds to you via our client account. Claims are often complex and can take time to reach a conclusion. We will always work to achieve the maximum level of compensation or financial redress as quickly as possible.
Types of Mis-Sold Investments:
Stocks, bonds, ISAs, and other financial instruments
Mis-Sold SIPPs
If you were convinced to move your pension or pensions to a SIPP (Self Invested Personal Pension) then you should investigate whether you were a victim or SIPP mis-selling as many you could be due thousands of pounds in compensation or financial redress.
Mis-Sold SSAS
Mis-sold SSAS (Small Self-Administered Scheme) pensions can occur when individuals are advised to transfer funds into high-risk or unsuitable investments. Often, key information about fees, risks, or the nature of investments is not fully disclosed. If you’ve experienced this, you may be eligible to claim compensation for any financial losses.
Mis-Sold QROPS(overseas pension) Claims
We’re you convinced to set up an overseas pension like pension such as a QROPS (Qualifying Recognised Overseas Pension Scheme) or QNUPS when you were not intending to move abroad? If so it is likely you have been mis-sold and could be due thousands in compensation or financial redress.