Make a claim
If you were advised to invest in a product that was unsuitable, you could be entitled to compensation. Investment mis-selling can take many different forms.
The assessment of whether an investment is suitable for a client will depend on a number of factors unique to the client, including:
Examples of Investment Mis-selling
These are examples of when an investment may have been mis-sold:
To determine if an investment has been mis-sold it is important to understand a client’s individual case and to tailor the assessment of suitability to that client.
If you can relate to any of the above examples then you may be eligible to compensation and we would encourage you to contact Oakwood Solicitors free of charge to discuss your circumstances and we can tailor our service to meet your needs.
Types of Investment
The below list is a non-exhaustive list of the types of investments that are most commonly mis-sold:
Any of these types of investments could be mis-sold. If you have been advised to invest in any of these products, then you could be entitled to compensation.
What should you do if you think you have been mis-sold a financial product?
If the business that advised you to invest in the product is still trading, then you need to raise a complaint to the business directly. The business will be required to respond to this complaint under their complaints procedure. If you are not satisfied with their response or they fail to respond, then you can refer your complaint to the Financial Ombudsman.
If the business is no longer trading or does not have the financial means to compensate you for your losses, then you may be able to make a claim through the Financial Services Compensation Scheme (FSCS).
The FSCS is a compensation fund that protects consumers who have a claim for compensation against an authorised financial services firm that are unable to pay compensation directly.
If you would like our specialist team to assist you in making a claim either to the firm directly, to the Financial Ombudsman or the FSCS then get in touch with us and we will be happy to handle all aspects of your claim. Our specialist team can represent you on a no-win, no-fee basis giving you complete peace of mind that you will only pay for our service if you receive compensation.
What will Oakwood Solicitors do for me?
We pride ourselves on offering a five-star service to our clients. Take a look at our testimonials to see what our previous clients have said about the service offered to them.
WHAT TO DO NEXT
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