Claiming Mis-Sold Investments- Mis-Sold Investment Claims

This was a big issue in the late 80s. a series of pensions mis-selling scandals rumbled and still continue to rumble on. Shaking the industry, it inspired the passing of few laws, not just on continental United Kingdom but around the globe. It so happens that over a million clients are thought to have been incorrectly advised by sales folks to opt for personal plans when they would have been better far off if they have signed up for a company scheme. In those cases, compensations were paid to hundreds of thousands of people, but not every case has been cleared up. The watch dogs of cause tried and keep trying to tighten up all the rules on pension selling but as with every system, there are loopholes which unscrupulous persons and even companies continuously try to use to do the wrong thing. So you need to understand and watch out for the possibility of bad advice to be given. You

WHAT TO DO

It is important that you take prompt and immediate action if you believe you have been given wrong advice about your personal pension or were advised to leave a company pension scheme to start a personal pension plan and turned out to be an incorrect advise. you should complain to the compliance officer of the company which offered you the advice. Should you be dissatisfied with the way the provider is handling your complaint, you can take the next step by taking up the matter with the regulator.

CAN YOU MAKE A CLAIM?

The law provides a proper procedure in place which states for a claim to be successful, that the company which sold the you the pension product must acknowledge that you have a legit case and proceed to initiate the process for your case to be dealt with. Most of the companies will not make this and easy thing for you as the very acknowledgment of that fact might result in legal cases against them. Most people just let it go because the companies have formidable teams with the skills to frustrate anyone who brings a complaint of mis-sold product.

GET HELP FROM THE PROFESSIONALS

With all the problems Independent Financial Advisers are facing, with the floods of complaints flowing left and right regarding mis-sold pensions, one must begin to look at professional help. Thousands of people have taken steps to claim their money back using the professionals. One of the most reliable professionals in the industry with the skills and experience to assist you in reclaiming your money is Godwin Barrett. Their team of advisors take your case and determine if you can make a claim and begin the process of claiming on your behalf. They have a quick process and will obtain a successful pay out in a very short period of time. Godwin Barret does not take any upfront fees. If you have been mis-sold a policy and you want to know how to claim your money back, Godwin Barret can help you.