A senior solicitor with Neglect Assist has told the International Investment website that “it would be a great boost to the victims of negligent financial advice if the Financial Services Compensation Scheme (FSCS) were to increase the limit of its compensation.”
Tim Hampson, a solicitor with award-winning professional negligence solicitors Neglect Assist, was interviewed by the Investment International website after FSCS chief executive Mark Neale hinted that the limit could be increased in a blog posting.
Mr Hampson added that: “Sadly, in many cases that we have seen, the compensation that the FSCS can award is simply not enough and leaves investors out of pocket with no other avenue for further recovery.”
Please note: Wixted & Co Solicitors use the trading style Neglect Assist.
Read the full interview on Investment Week.
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Neglect Assist is a trading style of Wixted & Co Solicitors which is authorised and regulated by the Solicitors Regulation Authority (SRA) A copy of the SRA handbook can be obtained from www.sra.org.uk. Wixted & Co Solicitors, 57 Putney Bridge Road, London SW18 1NP.
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