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There are so many mis-sold bonds Oxford as this is considered a wealthy retirement spot along with all of the Chilterns and the Cotswolds.
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Despite all the publicity about mis-sold finance packages in which PPI has been the most widely talked about, there are still millions left uncollected. • In some the investor may have passed away and in other cases they are simply unaware or cannot recollect ever investing the money. • By definition these mis-sold bonds, unit trusts, PEPs and other investments were aimed at many people with the cash and therefore likely to be near retirement. By now, without wishing to be unkind, many may suffer memory loss.
Yes, it’s true that some banks and other financial institutions have managed to play fair and do their own research and then made arrangements to pay back. But that’s not true of them all. • Just like insurance companies hate to pay out or will haggle over the damages for everything from a house flood to personal injury, some financial institutions have the same attitude. • The mis-selling of investment bonds is one of the frequent types of finance packages that remains unclaimed. This is where a lump sum is deposited into a life insurance policy as a one-off premium. It’s often then spread amongst a variety of other different funds.
There are so many mis-sold bonds Oxford as this is considered a wealthy retirement spot along with all of the Chilterns and the Cotswolds. But that is not to say of course that the practice was confined to any one part of the country or income group. • Unfortunately, when these financial packages were sold there was a rich incentive for less than fully honest financial advisors to pressure the client into making a decision where the possible downside was never explained. • Maybe your circumstances were not fully understood at the time. Or you’re not the sort that ever wanted to take any risk with your hard earned money.
If you were not warned that the value of your investment could fall then this is a serious breach of finance etiquette. • The first step to making a claim is clearly to discover whether there is a right to the process given your facts. This for many people may appear a slightly daunting journey and if that’s how it feels then it’s maybe best to get a firm that specialises in finding out on your behalf. • Most of them charge nothing for that part of the process and if the answer is yes, that you should claim, then they will continue the process on a clearly defined commission basis. • Don’t be put off starting the process by telling yourself it was a nice young man that sold it to me. And don’t delay and kid yourself just because it went to some two hundred year old high street bank or family insurance dynasty still based in the heart of the City. • Nearly all institutions that are household names were involved in mis-selling and if there is a chance to get your money back then take it by starting the process now.