Compensation is now available for the mis-selling of shares...
Would You Like to Claim Back Money You Have Lost on Shares?
Did you know the FSA has allocated a huge fund to compensate individuals who have been mis-sold shares?
You could be spending your money on a new car, a family holiday or paying off your mortgage, why are you not claiming?
Contact us now, and we will call you back and discuss your potential claim...
We Call You Back
We asses your claim
We reclaim your Money
Don't Miss Out, Time is Valuable in all Claim Cases...
The Financial Services Authority (FSA) is an independent body that regulates the financial services industry in the UK.
It was given a wide range of rule-making, investigatory and enforcement powers by the Financial Services and Markets Act 2000 and although set up by government and accountable to Parliament, the FSA operates independently and is funded by the firms they regulate.
The FSA has four statutory objectives, which are:
maintaining confidence in the UK financial system;
contributing to the protection and stability of the UK financial system
securing a degree of protection for consumers; and
the reduction of financial crime.
In recent years, the government has increased the scope of the FSA’s work. The Retail Distribution Review (RDR) is one of the prime responsibilities of the FSA to protect consumers. Yet the FSA has been active in trying to ensure companies' anonymity when they have been involved in mis-selling activity. This is seen in the case known as the LAUTRO 19 and recently, the Treasury Select Committee criticised the FSA for its poor enforcement of the LIBOR rate setting rules. Simply put a consumer should have confidence and trust in the FSA to act impartially if they feel they have been mistreated by a financial company.
The procedure is that anyone can approach the FSA direct to claim compensation; however, this is both time consuming and complicated which is not what consumers want at a time when they need help and advice with their investment planning.
You might feel competent to deal with simple money matters on your own but some aspects of finance can be hard to understand especially if you feel you have been mis-sold and ill informed.