Mis-selling news & guides — page 4
Berkeley Burke and Mis-Sold SIPP
Find out more about the collapse of Berkeley Burke and mis-sold SIPPs
Mis-Sold Pension Claims Double in Recent Years
According to figures released by the Financial Services Compensation Scheme (FSCS), compensation pay outs to savers badly advised to transfer money away from defined benefit (DB) pensions have doubled over the past two years.
FCA to Ban Promotion of Mini-Bonds to Small Investors
The Financial Conduct Authority (FCA) recently announced plans to ban the marketing of mini-bonds to casual investors – a ban which is set to come into action from the 1st January 2020.
What the Collapse of London Capital & Finance Tells Us About Mis-Sold Investment Bonds
The appeal of mini-bonds (on paper) can’t be denied. With returns of 6.5% to 8%, London Capital & Finance’s offerings certainly attracted many investors, keen to maximise their profits.
Greenwashing: Mis-sold Ethical Investments
In these environmentally-aware times, increasing numbers of people are keen to invest in sustainable products. However, doubt has been cast over just how eco-friendly or ethical these investment products actually are.
How do you know if you have been mis-sold an ISA?
Individual Savings Accounts (ISAs) have become one of the most popular methods of investment for many people due to the high levels of tax efficiency they offer.
The annuity mis-selling scandal: are you eligible for compensation?
When the government offered retirees more freedom with their pensions in 2015, thousands signed up for annuities in the belief they would benefit from a sustainable income that reflected their personal circumstances.
Examples of financial mis-selling
Financial mis-selling refers to a situation in which you, the client, were sold a financial product without receiving the right information.
How to tell if you’ve been mis-sold a pension
It is estimated that approximately one-third of UK pensions have been mis-sold, with the number of people applying for compensation doubling in the last two years
Pension mis-selling payouts on the rise
Compensation claims for mis-sold pensions have reached an all-time high, with the number of payouts in the UK doubling between 2016 and 2018
Am I entitled to compensation for a mis-sold investment?
This is one of the most commonly asked questions by people who believe they have been mis-sold an investment: can I get compensation?
Pension scams are costing savers £4 billion. How did it get this bad?
The amount of money pensions scams cost everyday savers has reached an astonishing level.