"One of the UK's leading specialists in financial mis-selling…"
The Times
Pradeep Oliver, head of professional negligence at Neglect Assist, warns of a “huge danger” following sweeping changes to pensions regulations.
Oliver comments: “There’s a huge danger in that we now have a lot of people needing to make investment decisions who have never made them before.” And he adds: “Interest rates are low, and that opens the door to people selling exotic, riskier investments.”
The Financial Services Compensation Scheme (FSCS) said this week it paid out almost £20m in the past year over risky and illiquid investments within SIPPs, and expected claims to keep rising.
Read the full article here:
Financial Times: “UK pensioners try to recoup losses from high-risk unregulated funds”
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A Neglect Assist client is used as a case study in a pension mis-selling article in The Times.
The Sunday Times explores the consequences of high-risk pension investments with expert insight from Neglect Assist.
Neglect Assist’s Tim Wixted gives a detailed breakdown of red flags in unregulated investment schemes in This is Money.
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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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