Mr H from Sheffield sought retirement investment advice from a financial adviser. He was advised to invest his savings in a Self-Invested Personal Pension (SIPP).
The SIPP was heavily weighted toward commercial property investments, a high-risk asset class inappropriate for Mr H’s situation. This led to significant capital losses.
After suffering financial loss, Mr H came to us for assistance. We carefully assessed his situation, developed a strong legal claim, and initiated proceedings against those responsible.
Following negotiations, we secured a settlement for Mr H without needing to go to trial. He received £170,000 in compensation for his losses.
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Retired and in ill health, Mrs L remortgaged her home to invest based on poor financial advice. The fund failed and she had to sell her home. We secured £70,000 compensation.
Mr H from Berkshire was mis-sold a high-risk, unregulated pension investment, resulting in the loss of his £33,000 pension. We successfully secured £50,000 in compensation on his behalf.
Mrs H lost most of her final salary pension after being advised to transfer into a high-risk, unregulated SIPP. We successfully claimed £90,000 in compensation on her behalf.
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You do not need legal representation to make a financial services claim. You can complain yourself at no cost and under FCA rules, the financial services provider must provide a response. If you feel this is unsatisfactory, you can complain to the statutory redress bodies, the FOS and FSCS who can award you compensation. This is a free service.
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