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Call Richard Cook: 07770 575 122

email: richard@theinvestmentandretirementcoach.co.uk

Lloyds Bank fined record £28m for “serious failings.” Are you due compensation?

bank compensation

Would you have expected your Bank adviser to be offered a “champagne bonus” of 35% of his/her salary if sales targets were met? That was exactly what happened. The result?

More than 200 advisers received bonuses even though ALL of their sales were unsuitable or potentially unsuitable. What a surprise!

When will Lloyds learn? As long ago as 2003 they were fined for unsuitable sales of bonds.

Our advice? If you have ever bought an investment product from a Bank, COMPLAIN. Then think about whether the time has come to cut your losses and move on. If you would like to talk to an independent financial adviser just ask and we can find you a good one.

claim won

ACTION POINT

If you have been sold a financial product other than a straightforward bank account by one of the High Street Banks just email me with “Bank Complaint” in the subject line and your phone number. This will qualify you for a complimentary telephone appraisal and, if appropriate, a draft letter of complaint. You have absolutely nothing to lose. Vast sums of money have been set aside to deal with compensation claims. Is some of it yours?

If you are one of the fortunate few with invested/pension assets of £250,000 or more and would like to know more about my One on One Personal Financial Coaching Plan you need to email me immediately. There are limited slots which are filling up fast and when they are gone they are gone.

P.S. Don’t let your friends miss out. Share this post using whichever of the buttons below fit your style of communications. And how about you? Make sure you have subscribed to future blogs by adding your email address in the box top right.

 

IMPORTANT INFORMATION
This document and our on going services are not personal advice. We'll give you all the help and guidance you need to make your investment and retirement decisions, but we can't advise you. If you're not sure whether you need regulated financial advice we can put you in touch with a suitably qualified and experienced regulated adviser. Because we are not regulated by the Financial Conduct Authority you will not have access to the Financial Ombudsman Service in respect of any complaints. If you use one of the "no advice" on line services to handle investment transactions they will be Regulated and you will have access to the Ombudsman and The Financial Compensation Scheme in respect of their services. The value of investments/pension plans can fall or rise depending on market performance. The Retirement Team and The Investment and Retirement Coach are trading names of Capture Success Ltd Reg No 01825075 Tel 07770575122

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