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Investor Compensation
It isn't surprising that investor compensation claims are increasing.
The role of the banks in the economic downturn, miss-sold financial products and investment scams has led to increasing numbers of investors seeking recompense.
People seeking to make these kinds of compensation claims include those who have been miss-sold payment protection insurance on loans, mortgages and credit cards.
PPI was sold to people who did not need the cover and this substantially increased the payments that they were forced to make.
A successful claim will see the return of money already paid on these needless policies.
Other claims for compensation cover the miss-selling of mortgages, which earned fat commission for brokers while leaving clients worse off.
These cases include clients being advised to re-mortgage where it was not necessary, or consolidate loans within a new mortgage when it was not in their best interest.
Investor claims can also help those who were sold bad investments opportunities including unit linked bonds, investment bonds, unit trusts and PEPS.
They may also have been sold investments outside their risk comfort zone (such as high risk) when the client was interested in investing in only low risk products.
Others who can take advantage of this type of claim are those who feel they have been made to pay excessive charges in credit card repayments, including charges for late payments and exceeding the credit limit.
The ability to make investor compensation claims is good news for those who were deliberately sold unsuitable financial and investment products and have suffered financially because of them.
If you would like more information on your rights to compensation or would like to know more about what you might be entitled to, all you have to do is ask us a question about your claim. We will offer you all the information you need in under an hour for free.
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