UK lifeboat scheme to issue decisions on mini-bond claims
Only around 150 victims have been granted compensation so far
Mis-selling
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Around 370 firms exited DB pension space in last two years
FCA chief says that large investigation may have found mis-selling in the market
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Compensation paid to first group of mini-bond victims
As UK lifeboat scheme cashes out £2.7m to cover those caught up in the mis-selling scandal
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Mini-bond victims targeted by scammers
As Financial Services Compensation Scheme urges them to be cautious
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Law firm expects ‘imminent’ Carey Pensions ruling
It will create a statute against which all other Sipp mis-selling cases will be judged
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SJP rejects mis-selling and forgery allegations
A client reported the firm to the Ombudsman over doctored documents
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Assets of beleaguered Liberty Sipp sold
Buyer will not take on potential liabilities linked to mass mis-selling claims
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Claimant numbers double in mis-sold Sipp lawsuit
A UK law firm at the heart of a mis-selling case against an introducer, a financial adviser and two Sipp providers has said it now represents 210 clients.
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Old Mutual and Friends Provident hit back after court threat
Threats of legal action against Old Mutual International for allegedly mis-selling high-risk investments are not coming from a law firm but a “claims farmer trying to generate publicity”, a spokesperson for the insurer told International Adviser.
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Ex-footballer Shearer in court over negligent financial advice
Alan Shearer is taking legal action against his former financial adviser after being given what he claims was negligent financial advice related to pension investments.
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Life companies ‘hiding’ behind the Law of Agency
Life companies should better vet their advisers rather than hide behind the Law of Agency and claim they are not involved in any mis-selling that occurs, says Simon Willoughby, head of proposition at Utmost Wealth Solutions.
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Ex-footballer Alan Shearer reportedly suing over mis-selling
Former England football captain Alan Shearer is reported to be taking legal action against a financial salesman to reclaim up to £6m ($7.5m, €7m) after being ‘mis-sold’ investments, according to an English newspaper.