Financial mis-selling solicitors

Please note that the solicitor panel does not currently have the capacity to help with financial mis-selling claims.

Otherwise, to find a specialist financial mis-selling claims solicitor, please contact The Law Society on 020 7320 5650 (Mon to Fri from 09:00 to 17:00 charged at local call rates).

Whether you were ripped-off by an unscrupulous mortgage broker, or lost money after a pension transfer, our specialist solicitors can help.

What is financial mis-selling?

Like other mis-sold goods and services, a loan, pension or other financial product doesn’t need to be “faulty” or worthless to have been mis-sold.

If you were sold something you didn’t need, or the risks, fees, interest or other consequences were not properly explained to you, a product may have been mis-sold.

If one of the following applies, you may have been the victim of mis-selling:

  • You were given unsuitable advice
  • You were given inadequate or incomplete advice
  • The risks were not explained clearly to you
  • You were sold an unsuitable financial product (e.g. a pension, mortgage, endowment or loan)
  • You were sold something you did not need (e.g. PPI)

For a personal injury claim or civil lawsuit, you must have suffered an actual loss or injury in order to make a claim. However, in the case of financial mis-selling, you usually don’t need to have lost money to make a complaint.

If you have lost money as a result of the mis-selling, you can usually reclaim any losses, plus interest.

How do I know if I can claim?

Your rights when it comes to refunds, claims and compensation varies between different types of mis-selling and on your individual circumstances.

If you lost money after transferring to an unsuitable pension scheme, you could be entitled to claim for your losses (i.e. the interest your pension would have earned if you had not switched schemes).

To find out if you are eligible to claim, you can call our team on 0800 612 7456 or arrange a callback.

Time is running out

Time limits for mis-selling claims can be quite short, and the clock usually starts ticking when you were first aware that something was wrong (or should have been aware). In some cases, this can mean that you only have three years from the date that the product was sold.

The Government’s Money Advice Service recommends that you “act quickly” in respect of all financial mis-selling.

Our mis-selling specialists can assist with your claim or complaint, whether you have made a complaint to the provider or ombudsman already, or are unsure if you even have a claim.

We can help with:

  • Mis-sold SIPPs
  • Mis-sold pensions and pension transfers
  • Mis-sold mortgage and endowments
  • Mis-sold payment protection insurance (PPI)
  • Mis-sold investments

Read more about mis-sold SIPP self-invested personal pensions.

Contact us today for a free, no obligation call to discuss whether you could make a mis-selling claim.

Gaynor Haliday, Legal researcher

Author:
Gaynor Haliday, Legal researcher