Was your IFA acting in your best interests?
Every regulated financial adviser has to make sure they act in your best interests. They have the duty of care to do what’s right for you.
In some cases IFA’s acted in their own interests and not in the client’s best interests.
Did your IFA:
Not advise or tell you about the risks of certain types of investments – leading you to make a poor choice as a result?
Advise you to invest all or most of your savings in a single product or choice?
Set you up as an “Execution Only” client?
Advise you to buy a product which was far too complicated for you to fully understand, or it wasn’t suitable for your circumstances at the time?
Tell you that your investment was “asset or government backed”?
Write to you to advise you not to transfer your company pension but still facilitated the transaction and charged a fee?
If any of the above apply you could be due compensation!