LONDON, UK - Money Back Helper, a
specialist claims management company, is announcing its expanded services to
help victims of mis-sold financial investments recoup their losses.
A mis-sold investment occurs when a financial advisor
deliberately or recklessly sells an unsuitable investment product that does not
match the customer's needs and financial situation. It often happens due to
advisors chasing commissions or failing to fully explain investment risks.
"We've seen too many cases where people were convinced to
put their life savings into risky, inappropriate funds they didn't fully
grasp," said Jane Kennedy, senior claims advisor at Money Back Helper.
“Often the losses can be absolutely financially devastating."
Industry data shows mis-sold investments are widespread -
approximately £2 billion is paid out in compensation each year to victims. One
recent survey found 15% of UK investors state they were mis-sold to,
illustrating this is not an isolated issue.
"Here at Money Back Helper, we take an ethical, customer-focused
approach to the investments sector. Having spent over a decade in financial
services myself, I was dismayed by the rampant misconduct and lack of
accountability for bad actors. Too many people suffer losses while those
responsible continue business as usual. Our firm intends to change that by
leveraging our expertise to fight the most egregious cases of mis-selling and
get clients the maximum compensation they deserve. It's time the industry puts
people before profits."
Greg Dickson, Owner and Founder
of Money Back Helper
With rising complaints, it is clear stricter regulatory
oversight is needed along with resources to help victims recover losses. Money
Back Helper was founded to be an advocate for those impacted by unsuitable
investments they did not fully consent to.
Victims of financial mis-selling can contact Money Back Helper for a free consultation to discuss their case and options around pursuing a claim. The company urges not waiting, as strict time limits apply on financial claims.
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