Claims against financial advisers aren’t about revenge; they’re about fixing the damage when someone you trusted got it badly wrong. Advisers are legally bound to recommend only what’s genuinely suitable for you, spell out all the risks and costs clearly, and never put their commission ahead of your interests. When they break those rules (whether it’s pushing you out of a safe final-salary pension, parking your money in expensive underperforming funds, or selling you high-risk investments that collapsed), you’ve usually got a solid case.
People win these claims every week. The payout puts you back where you would have been if the bad advice had never happened: lost growth restored, excessive charges refunded, sometimes with 8% interest on top. Average awards range from £20k to £100k+, depending on the size of your pot and how long the mistake went on.
You normally have three years from when you realised (or should have realised) something was wrong, though some cases go back much further. Most decent solicitors handle them properly on no win, no fee, so there’s no financial risk to finding out where you stand.
If your pension or investments have ever felt “off” compared to what you were promised, it’s worth checking. A lot of people are quietly getting their money back right now.
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