Mis-Sold Investments
Investments can be difficult to understand for lots of UK consumers. Being able to recognise when you are about to become a victim of mis-selling can be challenging since especially when you are being targeted by people with hidden agendas.
If you or somebody you know made an investment whether it was from cash savings, ISA savings or a pension savings, you probably wouldn’t recognise if your financial adviser or consultant was misleading you or not providing all the necessary details relating to the proposed investment scheme or fund.
Where there are regulated companies involved which means companies regulated by the Financial Conduct Authority (FCA) or The Pensions Regulator (TPS) there are likely grounds to make a claim, even if the regulated company is not the company directly at fault.
Book a free no-obligation consultant with one of our investment experts today!
How to determine if you are a victim of mis-sold investment?
There is no one size fits all when it comes to mis-sold investments. Every client and every transaction is different and we therefore review each case individually and set out clear expectations with our clients from the outset before embarking on a claim.
However, below are some common indicators that might suggest investment mis-selling:
- If you were advised to transfer money from an existing investment such as a Pension, ISA or General Investment Account
- If your financial adviser did not inform you about all the risks involved in your investment scheme.
- If you were pressured to invest into a particular investment scheme or schemes by a financial adviser.
- When the only investment options presented in front of you were schemes and funds provided by the financial advisers wealth management company.
- If the overall working and expected returns were not explained by the financial advisor before you actually made an investment.
- If you were given information related to risk and loss after you invested your money in a scheme or fund.
- If your financial adviser was focusing on only one investment as if it was his aim to sell it to you.
- If you were forcefully convinced to transfer your existing investment to some other fund or pension scheme.
- If you were not asked to explain your present economic condition and future financial goals behind making an investment.
Information is power!
All we need is your authority to contact providers on your behalf and we will get all the specific information required to establish if you have grounds for claim and how much your claim could potentially be worth in compensation or financial redress.
Some common types of UK investment are listed below:
ISA
Individual savings accounts are one of the most popular and tax efficient ways of saving in the United Kingdom as they provide tax-free interest payments every year.
Managed Portfolio
Managed portfolios are often the choice for wealthier people who are looking for efficient ways to invest their money in and spread their risk across different sectors and jurisdictions.
PEPs
Personal equity plans are suitable for individuals who wish to invest in the British stock market, without incurring additional tax expenses. PEPs are very similar to ISAs.
Profit Bonds
Profit bonds, as the name suggests, are an investment option that offers low risk and high returns. You are required to invest a fixed income on the promise of fixed returns over a defined period of time.
Open Ended Investment Company
Open ended investment company (OEIC) is an investment option that contains varied capital. They are similar to individual savings accounts, but they call for a tax payment on interest and other returns.
Capital Protected Bonds
As the name suggests, capital protected bonds are a type of investment in which the initial capital of the investor is always protected.
Unit Trust
Unit trust is a way to invest in mutual funds. Dispensing on the fund selected, users earn good profits in short as well as long term. However, the profit earned is taxable.
Investment Bonds
Investment bonds provide users with a huge variety of investment options that offer great returns. Investors are free to take up to 5% of their total investment every year.
If you are unsure whether you have been a victim of investment mis-selling then book a call with us today.
PEACE OF MIND.
It is not uncommon for us to investigate claims for people and establish that there has been no wrong-doing.
However you don’t have grounds for a complaint or claim you will at least have the peace of mind that you have investigated fully and if you do have grounds for claim our team will handle everything for you to ensure you get the best possible outcome.
What should you do next?
If you are still not sure whether you can seek compensation for unused mis-sold investments, contact HT Legal Claims now! We will not only provide you information regarding this but will also help you get your money back. Call at 01618401560 and connect with professional experts. For additional queries and doubts email us at info@htlegalclaims.co.uk.
Speak to our EXPERTS!
In most cases, financial advisers and managers will convince you that you are eligible to get a refund. But, even in this situation, we would recommend that you connect with HT Legal Claims for once. Our qualified professional will closely examine your situation and update you with all the necessary information.
We will inform you whether you can seek compensation or not. In case you do, you can select our services that will work the best for you.
Find out how much you could be due..
Request a call-back
ISA
Individual savings accounts are one of the most popular and tax efficient ways of saving. They provide tax-free interest payments every year.
Managed Portfolio
Managed portfolios are the best choice for extremely wealthy people who are looking for efficient ways to invest their money in large projects individually.
Profit Bonds
Profit bonds, as the name suggests, are an investment option that offers low risk and high returns. You are required to invest a fixed income that will provide great returns in the long run.
Investment Bonds
Investment bonds provide users with a huge variety of investment options that offer great returns. Investors are free to take up to 5% of their total investment every year.
PEPs (Personal Equity Plans)
Personal equity plans are suitable for individuals who wish to invest in the British stock market, without incurring additional tax expenses. PEPs are very similar to ISAs.
Open Ended Investment Company
Open ended investment company is an investment option that contains varied capital. They are similar to individual savings accounts, but they call for a tax payment on interest and other returns.
Unit Trust
Unit trust is a way to invest in mutual funds. Dispensing on the fund selected, users earn good profits in short as well as long term. However, the profit earned is taxable.
Capital Protected Bond
As the name suggests, capital protected bonds are a type of investment in which the initial capital of the investor is always protected.
What do our customers say?
A financial advisor at (the Company name) informed me that I was not eligible for a claim. But that’s when I found out about HT Legal Claims. One of their team members told me that I was eligible for a compensatory amount. They further helped to get £ 2900 from (the Company name).
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Lisa Lisa
It was HT Legal Claims who informed me that I qualified for a claim. Instead, they even helped me to get a claim of £1487 from St James’s Place.
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Mike Ronaldo
When I started investing with a very well-known wealth management brand (the Company name), they asked me to pay for online advice fees. I was associated with them for eight years and was regularly paying the specified amount. However, they never conducted any advice sessions or provided guidance. I told an expert at HT Legal Claims about all this. They helped me reclaim that advice fee without any hassle.
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