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Mr and Mrs S received £30,000 after negligent financial advice

30kThe value of their investment fell by almost 50%. We acted on their behalf and secured £50,000 compensation

Mr and Mrs S held pension funds with a major provider worth a combined total of approximately £44,000. A financial adviser told them that a better rate of return could be achieved elsewhere and persuaded them to transfer the full amount to a fund which invested in commercial property.

This fund was in fact an unregulated investment and accordingly exposed Mr & Mrs S to a high level of risk. They were not informed of this prior to the transfer and would not have agreed to the transfer had they been made fully aware of the risks involved beforehand. They could not afford to suffer losses on their pension funds as they were dependent upon this money to fund their future retirement.

The value of their investment fell by almost 50% and they approached us for advice. We acted on their behalf and pursued a claim to recover their financial losses. We settled the matter and they received compensation totalling £30,000.

« Mr J received £30,000 after negligent financial advice » Mrs H received £33,000 after receiving negligent dental treatment

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Case study

  • Mr J received £30,000 after negligent financial advice
    30kWixted & Co secure £30,000 compensation after client made losses on two private pensions. (more…)

Recent case studies

  • Mrs B received over £32,000 for negligent bank advice
  • Mr and Mrs S received £30,000 after negligent financial advice
  • Mr R received £80,000 for financial losses
  • Mr W received £56,500 after negligent financial advice
  • Mrs N received £25,500 after negligent surgery
  • Mrs H received £33,000 after receiving negligent dental treatment

Hear our client on BBC Radio Four

BBC Radio Four’s Moneybox programme interviewed our client Hazel Appleyard. We helped Mrs Appleyard to win more than £86,000 from HSBC after it sold her the wrong investments.

News and press coverage

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