Neglect Assist solicitor backs increase in FSCS compensation limit

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A senior solicitor with Neglect Assist has told International Investment website that “it would be a great boost to the victims of negligent financial advice if the FSCS were to increase the limit of its compensation.”

Tim Hampson, a solicitor with award-winning professional negligence solicitors Neglect Assist, was interviewed by International Investment 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.

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