After inheriting some money from a member of his family Kevin decided to take advice from his bank about investing it wisely.
Kevin had no previous experience of investing into stocks and shares and had limited savings at the time. He also had an outstanding mortgage. Despite this he was advised to invest £5,000 into a risky Stocks and Shares ISA by his financial adviser at Lloyds bank. He lost £550 when he cashed it in.
We made a claim on behalf of Kevin for a mis-sold investment and got him back £3,489 within a matter of weeks.
*amounts reclaimed for customers are before the deduction of our fees.
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