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Frank Long from Neath got back £375 from Barclays

Frank had managed to accumulate a lump sum by saving regularly and arranged a meeting with a financial adviser from Barclays to discuss the options he had with this money.

He was originally advised to invest a total of £5,000 in 1992 and a further £12,000 in 1994 when he met with the adviser again. The mid 90s was a good time to invest in the stock market as it performed very well. However, the advice must still be suitable and Frank contacted Goodwin Barrett after hearing our radio ad to see if we could help.

We looked at the funds that were recommended to Frank, the General Trust and the Equity Income Fund. These funds were too high in risk for a first time investor like Frank who should have invested into a more cautious fund.

We sent our claim to Barclays explaining that Frank was incorrectly advised to take this higher level of risk.

Barclays investigated the advice they had given over 25 years ago and agreed with our findings. Although the investments gained in value they paid out £378 in compensation to Mr Long.

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Customer Stories

We've helped thousands of people win compensation as a result of unsuitable financial advice.

William Thornley 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
William Thornley from Bolton got back £21,400 from Halifax
Alan Parton 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
Alan Parton from Bolton got back £15,500 from Lloyds
Stuart Snowden 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.
Stuart Snowden from Hull got back £7,000 from Santander
William Miller This was a fantastic result I never expected. My sincere thanks for such a prompt and efficient service.
William Miller from Yeovil got back £37,900 from Lloyds
Margaret Long I am so grateful to your company but especially to Steve Wise for getting me the money back
Margaret Long from Stockport got back £1,500 from RBS/Natwest
Janet Rynkiewicz We reported our findings to Halifax and within a matter of weeks had secured our client the sum of £26,700 in compensation.
Janet Rynkiewicz from Manchester got back £26,700 from Halifax
Fred Hardman After we sent a detailed complaint to Halifax, Fred was delighted to receive £6,916 from the bank in a matter of weeks.
Fred Hardman from Rossendale got back £6,916 from Halifax
Stephen Montague Having investigated the complaint Lloyds TSB agreed that the advice was unsuitable and agreed to pay the clients £10,000.
Stephen Montague from Hull got back £10,000 from Lloyds

Figures shown are before the deduction of our fee.