The mis-selling of investments is nothing new – and increasing numbers of companies are coming under fire for the way in which they sold their financial products to clients.
Transferring pension products can cause problems for consumers, especially if the new pension wasn’t adequately explained at the time, or the risks weren’t outlined in full.
The pensions mis-selling scandal has resulted in several advisory firms going into liquidation. Here are the latest companies to have collapsed as a result of their past operations.
The SIPPs mis-selling scandal has been going on for years now, with increasing numbers of customers making claims against the firms they invested with.
At present, well over a hundred companies are being investigated by the FCA for ‘phoenixing’. But what exactly is phoenixing, and why is it so problematic?
Around 90% of all new car deals are made using a PCP – a personal contract purchase. In theory, it’s a convenient way to buy a vehicle, as you don’t have to pay a large amount of money upfront.
A PCP (personal contract purchase) is a convenient way to purchase your next car. Rather than paying a lump sum upfront, you’ll be able to spread the cost over three to five years; then keep the vehicle at the end of the contract if you wish.
The COVID-19 pandemic has caused widescale chaos across the UK. In addition to the health concerns, many are also worried about the economy, and how long it will take to recover in the aftermath of the lockdown.
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.