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If you lost money on an investment you could be eligible for £1,000's in compensation
Was your investment sold to you by Barclays, Halifax, Lloyds or any other bank or financial advisor? All claims are ran on a no win no fee basis.
Major Banks, Lenders and Financial Advisors have been caught….
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2 Jul 2020
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The biggest financial scandal in years
...
‘Dawn of a new mis-selling scandal’
The Sunday Times 2019
You could claims thousands if you were given negligent financial advice
If you were badly advised on your investments you could be eligible to claim back thousands you have been denied. Thousands of people planning for their retirement have been mis-sold investments, which were entirely unsuitable for their needs, and as a result, they have lost out on thousands, which collectively amount to millions of pounds that could be claimed back.
Large numbers of people were deliberately misled into investing thousands into a range of investments including, Stocks & shares ISAs, Managed Portfolios, Investment Bonds, Unit Trusts and With Profit Bonds. Significant numbers were encouraged to carry out transfers from previously very safe investments, which may have more than halved their pot!
The investment advice provided by independent financial advisors, and those working on behalf of major banks, was often limited only to the range of investment products offered by those banks or building societies that they were working for. As a result, the advisors were often more concerned with hitting sales targets, rather than securing people the best investments.
This meant that in addition to receiving bad advice, being presented with a limited range of investment options, and not having the risks properly explained, people were effectively mis-sold investments. Since the agent failed to take into account the customer’s own circumstances, it meant that the customer ended up with investment products totally unsuitable for their needs.
Money reserved for you to claim ...
Banks, building societies and financial advisors are now having to pay compensation to their customers for the thousands that they have all missed out on. If you were advised on an investment anytime since 1996, there is a good chance that you were mis-sold and could be entitled to compensation.
You may not even be aware that the investment advice you received has cost you thousands, but if you were sold a financial product that was unsuitable for your needs, you could still be entitled to make a claim.
Get started on a compensation claim with Simpson Millar and we will handle everything on your behalf and get you the compensation that is rightfully yours.
How do I claim?
Start your quick check
Complete the quick check and we’ll be in touch to see if you qualify.
Sign your claim pack
We’ll arrange for the delivery and collection of your claim pack.
We’ll investigate your claim
Keeping you updated and informed throughout your claim.
About Simpson Millar
We’re different from other law firms.
If you want open, honest and straightforward legal advice then Simpson Millar are the ones for you. We avoid the legal jargon and set out the legal process for you, so you are fully aware what should happen next when it comes to your claim.
We understand that people can often be apprehensive and even nervous about speaking to a Solicitor about legal matters, such as financial mis-selling, and that’s why we’ll make sure you feel as comfortable and relaxed as possible at all times. As a national law firm and having been providing legal help and support for more than 170 years, we’ll tailor what we do to suit you and your unique needs and circumstances and will always act in your best interests.
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Press comments about mis-sold investments
‘If you have a really good defined benefit pension, it’s incredibly valuable. Consumers often don’t understand just how valuable it is to have guaranteed income for the rest of their life,”
says the FCA’s Mr Davidson.
You don’t need to use a claims management company or law firm to make your complaint. You can take your complaint to your bank, financial advisor, or Financial Ombudsman service for free.