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Compensation for mis-sold investment?
Baballoni
Posts: 1 Newbie
How do i complain that i was given bad info by my financial Advisor regarding investing in a Arch cru investment fund.
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Comments
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Although the local IFA will be more help - how exactly was it mis-sold?0
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How do i complain that i was given bad info by my financial Advisor regarding investing in a Arch cru investment fund.
If your complaint was that you were sold an investment that was incorrect for risk profile then you have a valid complaint. If your complaint is that the investment has failed and lost money then you do not have a valid complaint.
You complain to the adviser.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
I'm surprised you haven't complained yet, some 2 years after the failure.
It seems that solution lies ultimately in the hands of FSCS, but a handful of people are complaining to the Financial Ombudsman.
http://citywire.co.uk/new-model-adviser/fight-for-redress-in-arch-cru-debacle-gathers-pace/a4842270
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