The Financial Services Authority (FSA) have announced plans for Banks, Insurers and investment companies to have new products scrutinised as they are developed under a tough regime being formulated by the City watchdog.
Our company specialise in helping business clients win compensation for financial products mis-sold by Banks when arranging business loans. Such sales having contravened the Financial Services & Markets Act 2000. Even if your loan has now completed you may still be entitled to compensation.
Our aim is to make the process of claim as easy and as swift as possible. The fastest claim from initial complaint to payout took only two months and the client received a cheque for £16,500.
Unlike endowment complaints which can take anything from six months to beyond. The successful resolution of the mis-selling of financial products by Banks should be significantly less time consuming and you are not time barred.
Whilst the FSA are tightening their watch on rogue products and scrutinising the marketing and distribution of products. We have found that a number of Banks are culpable in selling the wrong products to business customers. Indeed one Bank has actually confirmed in writing that it did not even have the correct product in its armoury!
Don’t Take Our Word For It!
The CEO of the FSA has stated
”We need to analyze more comprehensively what individual institutions are up to…”
When the head of the FSA takes such a get tough approach then you know something is wrong and enough is enough!
From our experience we know what key information is required to maximise a successful claim. We complete all the paperwork and manage the complaint procedure on your behalf - from start to finish.