You might have heard the term financial mis-selling thrown around, and perhaps you’re wondering if you too were sold a financial product that wasn’t suitable for you. In this guide, we’ll take you through what exactly financial mis-selling is, and how you can claim compensation if you were mis-sold. What exactly is financial mis-selling? You [...]
UK legislation around pension rights have, in the past decade at least, become far more flexible. Now that minimum contributions have increased, we’re eligible for a healthier-looking pension pot. We can do more with our pensions, whether it’s transferring them over to a new provider or opting out completely. Unfortunately not all pension advice given [...]
You may have heard about mis-sold pensions in the news, or maybe you’ve heard about how a relative has been thrown into financial difficulties after being misled by a pensions adviser. According to figures from the Financial Services Compensation Scheme (FSCS), 2018 saw an accumulation of £40 million build-up from compensation payouts given to people [...]
What counts as financial mis-selling? Financial mis-selling is big business, everyday people like us are left feeling confused by the jargon used by advisors - and not wanting to look silly we all just nod our heads. If you don't want to fall into this trap we have written a guide which will explain the [...]
An un-named couple from the UK have been reimbursed £190,000 after their financial advisers recommended that they invest in risky assets such as “death bonds”. The couple have asked to remain anonymous, but have agreed that the details of their case can now be made public. The husband and wife received £190,000 in compensation relating [...]
We recently purchased new office furniture from a Kima Office Furniture based in the UK, and were very pleased with both the quality and professional service that we received from Jemma, Finn, and the rest of the team in the office. Because the service was so good, we asked them if there was anything that [...]
The world of finance can be daunting and confusing, and it’s important to seek help from an experienced advisor to help you through your financial journey whenever you need to. From advice on pensions to advice on investments, there are so many different types of financial guidance that are available to you. Mortgage services For [...]
If you have opened a newspaper or taken notice of the Internet over the last few years, the chances are you’ve read about the PPI scandal. Although this ended in 2019, its very existence has highlighted a wider issue with financial mis-selling in general. From SIPPs (Self Invested Personal Pensions) to ethical forestry investments, financial [...]
BBC News have recently reported on how MPs are due to increase their inquiry of miss sold pensions to defined benefits scheme. As many loyal workers at BHS have since found out the true dismay their pension pot could be left in after the collapse of retail giant British Homes Stores. Lesley Titcomb the CEO [...]
It’s a sad fact of life that thousands of people around the country are still being scammed out of their hard earned savings for retirement, despite the pension reforms that have taken place. That number is probably set to rise as well. Where a lot of this is happening is where the over 55s are [...]
