With less than 12 months before the PPI Claims deadline there is no time to waste! Billions of pounds remain unclaimed so why not see if you could be entitled to receive compensation for your PPI.
Even if your claim has previously been declined it is worth re-submitting it as since the 29 August last year banks have had to consider a court ruling known as ‘Plevin’ when dealing with PPI claims, meaning you can now claim if your provider earned a high level of commission from your PPI and this wasn’t made clear to you.
It is anticipated that during the run up to the deadline date many thousands of claims will be registered so don’t wait too long before deciding to make a claim.
All it costs to find out if you have a claim is a phone call to our office on 01942 619911 and we will do the rest for you.
CompiClaims operates on a ‘No Win, No Fee’ basis, yet another reason to make the call today! Call 01942 619911 and speak to one of our client managers now!
Have you ever been mis-sold a pension or investment? If any of the following statements apply to you contact us today on 01942 619911.
- Were you sold an investment without proper advice and guidance on the risks involved?
- Have you suffered financial loss as a result of transferring your pension following advice from a Financial Adviser?
- Were you offered a free financial review and advised to transfer your pension or investment?
- Have you been advised an investment strategy that is not in line with your objectives and attitude to risk?
- Were the commission payments, charges and conflicts of interest not disclosed to you?
- Did you deal with an unregulated Financial Adviser?
- Have you transferred out of a Final Salary (Defined Benefit) arrangement since April 2015 with a fund value greater than £30,000?
The FCA advise people who think they have been mis-sold a pension to raise a complaint as soon as possible.
Countless savers who have lost financially from badly invested SIPPs – Self Invested Personal Pensions – could pocket a £50,000 windfall from a special government fund set up to compensate losers which is currently due to pay out a staggering £120 million.
A maximum £50,000 compensation is currently available from the £120 million fund managed by The Financial Service Compensation Scheme. But the figure is set to rise by 75 per cent to a £85,000 maximum next April (2019) to mirror the rapidly escalating number of losers throughout the UK.
The SIPP scams involved unscrupulous Financial Advisors preying on savers who were promised massive returns of up to 20 per cent a year only for their savings to be squandered on get rich quick schemes including investing in airport parking, holiday properties and green energy projects.
Retirement should be something to look forward to so you think that you have been wrongly advised don’t wait, contact us today. It costs nothing to find out if you are entitled to compensation.
Have you been advised to take out payment protection insurance on a loan or mortgage? Just having it now means you were almost certainly mis-sold, and are due compensation. That’s because a court ruling called Plevin means most who bought PPI even knowingly were likely to have been mis-sold thanks to commission paid t the agents.
When I took at my first loan for a car I was told that I couldn’t have it unless I took out PPI! I am sure that I was not the only person to be told this and the sale was invariably driven by commission.
The Plevin rules mean if over 50% of your PPI’s cost went as commission to the lender, and that wasn’t explained to you, you are due back the extra above that. For this to count your PPI had to still be active at some point since 2008.
Staggeringly, with loan PPI, on average 67% of what you paid was pocketed by banks as commission from insurers, and banks almost never mentioned it.
Since October 2017, banks have been told to adopt FCA guidance that followed a court ruling known as “Plevin” when dealing with PPI claims. Under the Plevin rule, if more than 50% of a consumer’s PPI’s payments went as commission and this was not explained to them at the time, they could claim back payments above that threshold, plus interest.
Following the Plevin ruling, claimants who had their original mis-selling claims turned down were able to go back to their loan provider and demand they be re-examined.
Have you claimed yet? if you are not sure if you have had PPI give us a call on 01942 619911 and we can check for you. it costs nothing to find out and you could be entitled to compensation!
Just 12 months to go before the deadline to claim your PPI! Have you checked to see if you would be entitled to any compensation? If not why not? It costs nothing to check and you could be entitled to thousands of pounds!
Not sure if you were offered PPI? We can do all the checks for you so you have nothing to lose. There are still billions of pounds that have not been claimed and some of it may be yours! Contact us today and we can start the search for you. After all you have nothing to lose and possibly everything to gain.
Don’t put it off any longer and call us today, you won’t regret it!
Retirement should be a time of relaxation and enjoyment after a lifetime of work, and you should not have to be worried about your pension!
The pensions mis-selling scandal of the late 1980’s rumbles on. More than a million people are thought to have been incorrectly advised to take out personal plans when they would have been better off in a company scheme.
Compensation has been paid to hundreds of thousands of people, but not every case has been cleared up. And while the watchdogs have tightened up all the rules on pension selling it is still possible for bad advice to be given. So be wary.
If you think that your pension is not going to give you the rewards that you were expecting due to being given false or improper advice contact us today and we will check for you and determine if you would be entitled to any compensation.
Don’t delay, call on 01942 619911 today!