The British Steel pension scandal has been going on for years now, with growing numbers of financial firms coming under fire for their mis-selling practices.
Investment mis-selling is on the rise, and increasing numbers of people are making claims for their losses. In February, some of London Capital & Finance’s clients finally received the compensation they were owed, after a lengthy review process.
The new Act introduces a new scheme – the CDC (Collective Defined Contribution) scheme. This means that you and your employer can contribute a fixed sum into a collective fund, which you’ll be able to draw an income from as soon as you retire.
The SIPPs mis-selling scandal is an ongoing problem in the UK, with thousands of customers left out of pocket as a result.
The British Steel pension scandal is one of the most well-known pension mis-selling cases in the UK.
Growing numbers of firms are being fined by the FCA, due to the poor investment advice they offered their clients in the past.
Instances of SIPP mis-selling have been rising in the UK in the last few years. The media has also regularly highlighted specific cases, which has helped to make the public more aware of the problem.
Pension mis-selling has been a growing problem in the last few years, which shows no signs of abating. In fact, new data released from the Financial Ombudsman Service (FOS) reveals that the issue could be getting worse.
The British Steel pension scandal is one of the most publicised cases of mis-selling in recent years. Numerous employees were left out of pocket as a result of bad financial advice, and to this day, are still seeking compensation for their losses.
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We've helped thousands of people win compensation as a result of unsuitable financial advice.
I’m absolutely delighted with the service we got from Goodwin Barrett, I couldn’t believe how easy it was and i’ve nothing but praise for them
This was an excellent result which my wife and I never expected. My sincere thanks to you for such an excellent achievement, I cannot thank you enough
After sending a report to Santander, they agreed with our findings and awarded Mr Snowden an amount of £7,000 made up from a refund of the losses together with interest and compensation.
This was a fantastic result I never expected. My sincere thanks for such a prompt and efficient service.
I am so grateful to your company but especially to Steve Wise for getting me the money back
We reported our findings to Halifax and within a matter of weeks had secured our client the sum of £26,700 in compensation.
After we sent a detailed complaint to Halifax, Fred was delighted to receive £6,916 from the bank in a matter of weeks.
Having investigated the complaint Lloyds TSB agreed that the advice was unsuitable and agreed to pay the clients £10,000.
Figures shown are before the deduction of our fee.