Have you been mis-sold ongoing financial advice?
You might be unknowingly paying for ongoing advice you’ve not received from your financial advisors. We can help you find out.
We are a claims management company, however you do not need to use a third party to present a complaint to a firm on your behalf. Following your complaint, If you are not happy with the firm's decision you can refer your complaint to the Financial Ombudsman Service free of charge.
Are you paying for financial advice you never received?
Financial advice firms typically charge an annual percentage of your investment or pension funds to manage and review your portfolio. This fee is supposed to cover regular assessments and adjustments to ensure your investments align with your financial goals. However, the FCA has found that many firms have failed to deliver these promised services, leaving clients out of pocket and under-informed.
Ongoing advice fees: the extent of the issue
The FCA’s investigation uncovered ongoing advice issues in 231 firms, indicating a systemic problem that spans the industry. The largest advice firms, including St. James's Place (SJP) and Quilter, have been prominently featured in the press for their roles in this controversy. SJP has even set aside £426 million for potential refunds to clients who were charged for advice they did not receive.
Paying a 1% ongoing advice fee on a £250,000 pension fund could cost you £2,500 per year. If you haven’t received the advice over a 5-year period, you could be owed £12,500!
Why Hallbrook?
Experts in finance claims
Hallbrook is a trusted provider of expert financial claims support to clients all over the UK. Over the past 14 years, our full representation service has helped people like you receive over £60 million in compensation for mis-sold investments… be it in pensions, shares, CFDs or bonds.
Let’s find out if you’re owed compensation.
How much does it cost?
Nothing to pay upfront
We operate a conditional fee agreement, which means you only pay us when your claim is successfully completed.
Please see full Terms for cancellation fees following the 14 day cooling off period.
Successful claims
When your claim has been successfully completed, we’ll charge a fee between 18% and 36% inc VAT based on the amount of compensation awarded. Our fees also benefit from a Fee Cap, which means you could pay less.
For more information see our full Terms.