How to Handle a Mis-Sold Financial Product

How to Handle a Mis-Sold Financial Product Some individuals of working age will enlist the help of a financial advisor to secure future assets. However, some fraudulent advisors will pressure their clients into making high-risk investments without detailing the scope of the gamble. Thus, investors lose large sums of money because of crooked information. If…

Solar Mis Selling

3 Common Signs of Solar Mis-selling What You Need to Know

Many homeowners like you commit to solar power solutions for their household because they want to make a difference by conserving energy. Unfortunately, some solar power companies take advantage of these opportunities by mis-selling solar panels. For instance, there were around 1,500 complaints received by the U.K. Financial Ombudsman Service last 2018 related to the…

SIPP Investments Mis Sold

Consumer Reclaim – Our Guide to Being Mis-sold a SIPP Investment

When looking into investments, you want to make sure that what you’re buying is the real deal. Receiving advice from financial professionals is key to the decision, as you’ll be putting a large portion of your money and hoping you’ll yield some benefits. Unfortunately, many people continue to receive unsuitable recommendations from financial advisers, causing…

The Skyrocketing Rate of Mis-Sold Pension Claims. What Happened?

The Financial Services Compensation Scheme (FSCS) released figures that indicated a doubled increase in compensation payouts to individuals who have transferred money out of their defined-benefit (DB) pensions. In fact, pension mis-selling claims reached £40 million in 2018, which saw a considerable rise from the £37.5 million in 2017. Pension transfer activity had also skyrocketed…