When taking out any form of financial investment, it is commonplace to seek professional advice: perhaps from a bank, an IFA, accountant or lawyer. If they got it wrong and you have lost money as a result then you could be entitled to compensation: professional indemnity insurance policies are often an industry requirement and are designed to protect those who suffer from the consequences of bad advice.
“Jamie provided me with excellent advice and support throughout. He is very knowledgeable and approachable and I wouldn’t hesitate to recommend him.”
– Jessica, from London
The types of investment that may have been mis-sold are manifold: you may have been advised to enter into a complex tax mitigation product (such as a film or media scheme or patent relief scheme), a collective investment scheme (such as a Harlequin type property scheme) a Unit Fund, OEIC, personal equity plan or a managed portfolio which were unsuitable. Or advised to invest in ISAs, managed portfolios or investment bonds which haven’t worked out as planned.
While hindsight is an easy vantage point JCLM will be able to ascertain whether- given your investment background, stated requirements and appetite for risk- you were given negligent advice and whether the risks of such schemes were explained to you sufficiently.
It may have been that you were not given sufficient information about the schemes, that they were at odds with your usual investment appetite (which may have been cautious) and you were not told about any additional charges and commissions to be paid to your advisors. Or you may have felt under pressure to agree.
JCLM have experience in dealing with all the above and presenting these complaints for resolution internally, through FOS and the FSCS and- where necessary- through the Courts.
Explore JCLM’s range of case studies and discover how our monthly legal services are supporting SMEs across sectors.
JCLM Solicitors cuts through the confusion and pretence of the legal sector. A champion of the underdog, we exist to provide reliable, straightforward and accessible legal services for SMEs and the individual.
We challenge the conventional wisdom of large, traditional legal firms to offer a service that’s on your side. We are not prepared to accept the status quo without enquiry, nor are we conflicted or in the hands of business partners/funders. We act only for our clients.
The relationships we form with our clients are built to last: we don’t switch off at 5pm, and you don’t need an appointment. JCLM Solicitors act as an extension of your business or personal interests, and you can rely on us to be determined, fearless and steadfast in our response to your legal requirements.
Get in touch with JCLM today and discover how our monthly legal services are supporting start-ups, SMEs and individuals in claiming compensation for mis-sold investments.
This data will only be used by JCLM Solicitors for processing your query and for no other purpose.
Legal updates and opinion and insight pieces, with a winning side of sport commentary and legal industry parallels.
Hope For Gamblers Seeking Compensation? Gambling Law Reform and the Creation of a Gambling Ombudsman On 27 April 2023, The Rt Hon Lucy Frazer- Secretary of State for Digital, Culture, Media and Sport (“DCMS”) – announced the Government’s long awaited
They say you find out a lot about people by who they back in a conflict or who they prefer out of John or Paul or Ringo or George. You may be a Roundhead or a Cavalier. Are you more
Start-up professional service firms often reflect the corporate background of their founders: arrogant, complacent and resistant to change. A different approach is needed when working with SME owners and individuals. Understanding their business and the sector they operate in-and their
