Realising you have been sold the wrong financial product or made a bad investment can leave you feeling betrayed and embarrassed as well as resulting in financial losses. You might run through the scenario over and over again to see if there was anything you could have done differently – you just wish you could get back to where you were before you were sold that product.
At Hugh James, we understand that feeling. That’s why our financial mis-selling team works tirelessly to help our clients recover compensation when they have been mis-sold. We don’t help you win the lottery; we just help you turn back the clock to make it like it never happened.
What is financial mis-selling?
Any time that you enlist the services of a professional to advise you on the sale of a financial product such as a private pension or a mortgage, that professional owes you a certain level of consideration to ensure that the advice that they are giving is both factually correct and right for your circumstances.
According to the FCA (Financial Conduct Authority), all financial products should be sold in a way that is fair, clear and not misleading. If one or more of the items on this list sound familiar, then you might have been mis-sold:
- The advice you received was bad or unsuitable in some way
- The risks were glossed over, downplayed or ignored entirely
- The full details about the financial product were not provided which resulted in you purchasing a product that was not suitable
- Additional charges and fees included with the product were not disclosed until after you were committed
- You were subjected to overly strong sales pressure without concern for what would be best for you
If you believe that you have been mis-sold a financial product then call our specialist team today for a free, no-obligation chat.