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Financial adviser lost our client's pension

Financial adviser lost our client's pension


Case study

An independent financial adviser recommended high risk investments to our client who was retired. He did not want high risk investments, just low to medium risk. The high risk investments turned sour and resulted in a loss of over £1 million. This was the majority of our client's pension and investment fund.

We helped our client to make a claim for professional negligence against the financial advisor, but the claim for compensation was initially rejected.

We issued court proceedings and obtained a report from a reliable financial adviser. The report outlined the type of investments that should have been recommended and how much our client lost as a result the financial advisor's negligence. A settlement was agreed just before trial for the value of the claim and payment of all our legal costs.

If you would like to discuss a claim against a financial adviser, please call us on 0117 926 4121 or make a Free Online Enquiry.