Investment mis-selling occurs when financial advice to stake money into an asset, scheme or investment, leaves that investor out of pocket. Investment mis-selling can take many forms, the common theme between them all is that they promised high return but did not materialise into promised gains.
In 2017, it was reported that over 1.3 million UK adults claim advisers mis-sold them products. If you have been advised to transfer pension funds, savings or even to re-mortgage your home, to invest in a scheme or asset that promised guaranteed high returns that did not deliver, you may have been mis-sold an investment.
The process to make a compensation claim is simple to explain but can be a little tricky to navigate. The complaint should be made directly with the company, and if not resolved, filing an official complaint to the Financial Ombudsman Service (FOS) is required.
TLW Solicitors have years of experience navigating legal complexities of financial mis-selling and work on a no-win, no-fee basis. You can get professional and legal advice at no risk to your wealth today, to help determine whether you have a claim.