Financial Services, Pensions & Banking Negligence Claims

We have acted in numerous negligence claims, for example:

• We acted for an individual who invested in a scheme which was itself invested in unregulated collective investment schemes and esoteric investments, including green energy, storage pods and off-plan property in the Caribbean.
• We acted for an individual who had been advised to transfer his pension from one provider to another when the return from the new pension fund was not as good as the old one. We were able to bring a successful claim against the financial adviser who recommended the transfer for the difference between what the pension fund was worth and what it should have been worth had he remained in the old fund.
• We acted for an individual and his business in respect of a claim against his high street bank in relation to the sale of interest rate hedging products which also involved a claim about the conduct of the review process and the bank’s classification of the individual as an elective professional.
• We acted for individuals in a claim against SIPP operators for allowing investments to be made within the SIPP without any proper due diligence having taken place by the operators and trustees.
• We acted for an individual in relation to negligent advice about the operation and implementation of structured products.
• We acted for an individual in relation to financial planning advice and representation provided by a large firm of accountants. The advice specifically related to the protective steps required of pension holders in advance of “A Day” to mitigate tax payable upon future receipt of pensions. Our client had significant pension funds and incurred tax charges in excess of half a million pounds as a result of the failure to take the necessary protective steps.
• We acted for two individuals against solicitors who had dealt with their investments in an offshore property scheme in Brazil where the solicitors had failed to properly understand and advise the clients as to the structure of the scheme.
• We acted for an individual who was advised to transfer her estate into a trust for herself and her children. The trust ultimately failed to achieve what the client required and so the solicitors were held to be negligent.
• We acted for a small business owner who was given advice to enter into a tax avoidance scheme which actually increased his liability to tax.
• We acted for a husband and wife who had been advised to invest all their savings in one toxic fund. We were able to bring a claim against the financial adviser and successfully settled the claim at mediation.
• We acted for several individuals who were advised to invest in open-ended investment schemes which were clearly unsuitable for their needs.

Testimonials…

For more information about making a financial services claim, please contact a member of our expert team in Derby, Leicester or Nottingham via our online enquiry form or call 0800 024 1976 for a guaranteed response.