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Financial Litigation Department
Very courteous and professional service. Was kept well informed and was delighted with the result and speed of outcome.
- J. Fowlie
What a great service
Just asked simple questions and got on with the job and got £5,000 back in my bank account. Thanks!
- M. Bob
Great to deal with
Kept me informed throughout, am very happy with the whole process and the funds they got back for me, definitely a 5 Star rating. I will definitely use their services again in future.
I was so pleased
I had the best experience from Oakwood Solicitors where they helped me get big compensation from FSCS. Not only that, just within 4 days' time of literally submitting the claim, I received the amount in my account.
- N. Shah
recovered by Oakwood Solicitors for clients in the last 12 months.
has been paid out by the FSCS to customers of failed financial firms
has been set aside by the FSCS for pension claims in 2020/2021
Oakwood Solicitors Ltd specialises in Financial mis-selling claims. We have a Financial Litigation team dedicated to assisting clients who have lost money as a consequence of negligent advice in relation to a financial product, such as a pension or an investment.
What went wrong with Prime Markets Limited?
Prime Markets Limited, also known as Prime Wealth Group Limited, was an appointed representative of Fairfax I.S. PLC
Both companies entered voluntary liquidation in 2013 and subsequently had their FCA regulation revoked.
Since entering voluntary liquidation it has come to light much of the advice provided by the companies was in contravention of FCA regulation.
Clients were persuaded to invest in high risk, illiquid investments including CFDs. This resulted in clients losing significant amounts of money due to negligent advice and the conduct of the companies involved.
What is CFD Trading?
In short, CFD trading is a short-term investment model that allows novice traders to speculative on the price volatility of a particular asset, commodity or index without having to actually purchase the underlying security.
Have you been affected?
If you have answered yes to any of the above questions, please contact us urgently as we may be able to help!
What to do if you received advice from Prime Markets Limited?
Contact Oakwood Solicitors free of charge to find out if you are entitled to compensation on a ‘No-Win, No-Fee’ basis.
We have helped clients who received advice from Prime Markets to recover thousands of pounds in compensation and may be able to help you too.
We work closely with Independent Financial Advisors who can assist you in the event a successful recovery is made.
Why choose Oakwood Solicitors Ltd?
How do I know if I’ve been mis-sold a SIPP?
It is important to note that not all SIPPs are mis-sold. If you are unsure if you were mis-sold a SIPP then check out the common mis-selling features below.
It is likely that you were mis-sold a SIPP if you:
Were not given the full cost breakdown for management fees or additional costs attached to the investment
Invested without fully receiving an explanation of the risks including the potential to lose your pension
Were cold called by a 3rd party company
Had been told your investment would grow considerably and would provide a large return
Were pressured into acting quickly or because you were told you would risk losing out
Were told that you could take a large lump sum of cash out of your pension or access the pension before your retirement age
How much will it cost to make a claim?
How much compensation will you receive?
We cannot provide an exact figure until we have completed our investigation. In the event the advisor was registered and is no longer trading, there will be a compensation cap of £50,000 by the Financial Services Compensation Scheme.
We have recovered thousands of pounds already for a number of our clients, and could also help you.
Provide us with some information about your pension transfer and we will advise you if you have a viable claim. There is absolutely no obligation to proceed. You can provide information or get in touch by:
Danielle joined the firm as a Paralegal in 2011 and qualified as a solicitor in October 2014. She has acquired extensive experience in high value, complex litigation traversing numerous practice areas.