Have you been persuaded to take out a
packaged bank account which you either didn’t need or couldn’t use?
Millions of customers were signed up to
packaged accounts at the start of the century as banks looked for new ways to
At the peak of the boom, they cost up to
£17.50 a month. Halifax charged £15 a month for the Ultimate Reward account;
Lloyds had Silver, Gold, Platinum and Premier accounts, from £7.95 to £25 a
month; and HSBC charged up to £15 a month for its Advance account.
Some pensioners found they weren’t covered by the travel insurance
offered with the accounts as they were too old.
Households without a car were paying for a breakdown policy they didn’t
need. Other account holders had cover elsewhere — so were effectively paying
twice for the same insurance.
For accounts opened since March 31, 2013,
banks have had to ensure that customers are eligible to claim on the package
Bank staff must point out if there are
features you won’t need or use. There is a time limit of 6 years from taking
out the package to registering your complaint so if you think that you have
been mis-sold such an account contact us today on 01942 619911 to discuss your
You might be eligible for a complete refund
so don’t delay!
On the 9th of January 2019 the UK Government introduced legislation to making it illegal for companies to ‘cold call’ individuals with regard to moving their pension in order to ‘gain’ additional benefits.
Pension scammers stole on average £91,000 per victim last year, according to the Financial Conduct Authority (FCA). Pensions remain a juicy target for fraudsters and some will inevitably look to circumvent the ban or simply ignore it altogether.
While some companies acted in good faith many were only interested in parting their clients from their money!
Does this sound familiar to you? Were you advised that by transferring your pension you could increase its value but in actual fact it is now losing money?
It may not be too late to recover your hard earned money! Call CompiClaims today on 01942 619911 and talk to one of our qualified advisers who will be able to advise you about your options.
*The ban does not apply if the caller is authorised by the FCA, or is the trustee or manager of an occupational or personal pension scheme.
If the recipient of the call consents to calls or has an existing relationship with the caller, the ban also does not apply.
Christmas is coming and so is the PPI deadline! From the 1st of January you will only have 8 months to make your PPI claim.
If you have not done it yet start today by contacting one of our advisors on 01942 619911. It doesn’t matter if you are not sure when or if you were advised to take out PPI on a loan or mortgage, we can check all the details and if there is nothing to claim the service is free, so what are you waiting for?
Time is running out, the PPI deadline is approaching fast! Don’t panic, it’s not too late to start your claim!
If you have ever taken out a loan in the past it is likely that you have also had to agree to take out PPI to ‘insure’ your payments in the event of unemployment or long term injury preventing you from working. In a lot of cases you were not given an option to refuse this as it was often proposed as a condition for being accepted for the loan! The banks offering the loan stood to make a lot of commission if you agreed so there was pressure to ensure that you, the customer agreed to it!
If you are unsure if you have had such a policy don’t worry, just contact our office on 01942 619911 and speak to one of our advisors. We can do all the research for you and it costs nothing to find out and you may be entitled to thousands of pounds in compensation!