How To Claim Back Mis Sold Investment?

Jun 6
10:02

2012

Voice Force

Voice Force

  • Share this article on Facebook
  • Share this article on Twitter
  • Share this article on Linkedin

If you are a cautious investor who has been wrongly advised or misled into investing money into a high-risk plan without realising, you could claim compensation for money lost on a mis sold investment.

mediaimage
If you are a cautious investor who has been wrongly advised or misled into investing money into a high-risk plan without realising,How To Claim Back Mis Sold Investment? Articles you could claim compensation for money lost on a mis sold investment. Many cautious investors in the UK have suffered losses through misleading advice on 'capital secure' investments, thinking that 'capital secure' really did mean that their capital was safe.Do any of these statements ring true with you?1) Have you been mis-sold an investment plan by your bank?2) Did you want to invest your money into a low-risk fund but the bank ignored your wishes and put your money in a high-risk investment plan instead?3) Did your bank state that your investment value could not decrease?4) Did they imply that the term ‘100% Capital Secure’ meant your capital was not at risk?5) Did you find the bank's brochures misleading with statements like '100% of your capital back'?6) Were all the risks of investing your money fully explained to you by the bank?7) Based on your financial goals did your bank try and sell you financial products which you feel were unsuitable, even if you have not lost money?8) Did you have problems accessing your money, after being led to believe you would have instant access?9) Did the bank encourage you to tie money up in long term arrangements without making sure you were left with enough money for your short term expenditure?10) Do you believe that your bank gave you misleading advice and that you may be a victim of misleading investment sales practices?If your answer is YES, You should contact a PPI recovery company right away.Even worse, banks are mis-selling high-risk investment plans to vulnerable elderly people who are losing thousands upon thousands of pounds despite thinking that their capital is secure. It is this misleading promise that means many cautious investors don’t realise for some time that they have lost money through risky investments. If you or an elderly friend or relative has been mis-sold an unsuitable investment product where your money has been put into risky investment plans against your wishes you could claim compensation for your mis sold investments – especially if you have lost money because of the high-risk investment.With the overuse of credit cards nowadays, people are finding it even more cumbersome to manage their funds. Most of the people nowadays are heavily dependent on master card usage. With all kinds of investment that they make, they make it a point to use the plastic money. However, this habit of using the cards, that too, frequently, can take a serious toll on your economic position. You might be using the card aggressively without even bearing in mind that you have crossed the maximum credit limitation. This is when you enter into grave economic tumult.Ultimately when you become incapacitated to return the due amount the credit card companies, the latter leaves no stone unturned to take legal actions against you. At these moments, some debtors become absolutely perplexed and baffled as to what should be done and how. It is a miserable situation for a defaulter when he receives those threatening mails and calls from the master card companies. The debt settlement companies act as great help to them at this moment. In an attempt to avert such dilemma in life, you can easily opt for PPI coverage, which acts as great savior in these cases.many are opting for mis sold PPI claims these days. Those who indulge in this kind of an investment are the ones who want to keep themselves and their family safe and secure in the long run. However, you have to keep note that in order to apply for this kind of an insurance claim; you need to be financially sound at that moment. This means that if you are jobless, ill or under any ailment, you will not be qualified for such a claim. This is basically because the financial institutions or the banks will not be able to bestow the trust on you for your financial insecurity and hence lending options will be restricted for you. Therefore, it is advisable that when you are economically sound, you apply for mis sold PPI claims so that nobody is able to question you on your financial problems.