The UK financial services sector is highly regulated so advice must comply with strict rules. If you have been recommended a financial product like a pension, investment scheme or business loan, it must be ‘suitable’ for your needs at the time of purchase. Financial products must be described clearly and not mislead customers in any way.
Unfortunately, as high profile mis-selling scandals have shown, the financial services sector does not always meet these standards. But it’s a complicated area. Determining whether advisers have given inappropriate advice requires a thorough understanding of your individual circumstances.
This is where our specialist financial mis-selling team can help. We have specific expertise in the financial services sector, know the regulations inside out, and can settle your claim quickly and effectively.
We will listen carefully to your story, assess whether regulations were breached, and represent you robustly if there’s a case to answer. Our experienced team are leaders in the field and will always present your claim in the most compelling manner.
We have helped individuals win claims against financial advisers who mis-managed their portfolio, transferred their pension into unsuitable investments, or recommended fraudulent or unregulated schemes. Our solicitors have also helped SMEs to claim against banks, including when loans with embedded or unclear interest rate hedges were mis-sold.
Because making a professional negligence claim can be complex, we do everything possible to make the process simple. Our team will keep you up to speed, listen to your concerns, and answer any questions you might have.
We’re also flexible. If you’re concerned about the cost of pursuing your claim, we offer a range of funding options that meet your particular needs and circumstances.
Talk to us about:
- Poor financial advice
- Pension products
- Investment schemes
- FX hedging products
- Secured lending
"Cripps' ‘highly regarded’ practice is ‘one of the leading departments for claimant professional liability work’. "
"Russell Simpson heads the practice and is ‘well regarded in the market’, with significant expertise in complex professional negligence cases."
"They made me feel confident in dealing with an issue that was very much outside my comfort zone and yet were able to make me to understand fully exactly what was happening."
"Their attention to detail and continual persistence on every detail is very impressive."
"Cripps has a well-regarded claimant-focused practice specialised in acting for private individuals on claims against accountants, surveyors, architects and financial advisers. Frequently represents clients in claims against solicitors"
"Head of department Russell Simpson is praised for "going straight to the facts and coming to a pragmatic solution." His expertise covers a broad range of professions and he frequently advises private individuals on claims against legal and construction professionals."
"Cripps has a "very good reputation" for its private client practice, which often handles complex, high-value matters with international aspects."
"I'm very, very impressed with the firm," reports an interviewee, while another praises "the clear professional advice that they offer and the swift responses that they always give."
"Sources also describe them as 'innovative, forward-looking and flexible.'"