Mis-sold Investments

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Mis-sold Investments

Have you been mis-sold an investment?

If you took out an investment product in the last 20 years you could be due compensation – regardless of whether you have lost money, broke even or made a profit as a result of your investment.

Mis-selling has been widespread across high-street banks and independent advisors where pressure of sales targets led to agents pushing products which were un-suitable for consumers. In addition, most bank advisers were also tied agents, which meant they could only recommend investment products provided by their employer, again questioning the quality of the advice and the suitability of the investment product.

Many different reasons have meant that thousands of investment products were mis-sold to consumers, who are now being paid compensation.

The scandal affects all investments products, including:

  • Stocks and Shares
  • ISAs
  • Unit Trusts
  • Investments Bonds – to name just a few

The Financial Services Compensation Scheme (FSCS) have put aside over £100 Million to compensate those falling victim to this advice.

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