How to Handle a Mis-Sold Financial Product

How to Handle a Mis-Sold Financial Product Some individuals of working age will enlist the help of a financial advisor to secure future assets. However, some fraudulent advisors will pressure their clients into making high-risk investments without detailing the scope of the gamble. Thus, investors lose large sums of money because of crooked information. If…

The Skyrocketing Rate of Mis-Sold Pension Claims. What Happened?

The Financial Services Compensation Scheme (FSCS) released figures that indicated a doubled increase in compensation payouts to individuals who have transferred money out of their defined-benefit (DB) pensions. In fact, pension mis-selling claims reached £40 million in 2018, which saw a considerable rise from the £37.5 million in 2017. Pension transfer activity had also skyrocketed…