1980's Mis-sold Opt out of Serps

dunstonh

I appear to have been caught out by this company too. I started a pension claim with them in Dec last year. I received the paperwork and sent it back but as of yet have heard nothing. I tried to ring ther number supplied but its not recognised. What do i do now?

Chances are you were not mis-sold (failure rate was only around 1.5%). So, unless you have paid any money up front, I wouldnt worry about it.

The company you used are no longer authorised to deal with claims:
Finex UK Ltd
Bridgend
Financial products/services
Authorisation Surrendered 04/07/2011

regentone

dunstonh wrote: »

Chances are you were not mis-sold (failure rate was only around 1.5%). So, unless you have paid any money up front, I wouldnt worry about it.

The company you used are no longer authorised to deal with claims:
Finex UK Ltd
Bridgend
Financial products/services
Authorisation Surrendered 04/07/2011

I paid £495 fee on my credit card can i claim that back from the credit company?

dunstonh

regentone wrote: »

I paid £495 fee on my credit card can i claim that back from the credit company?

Yes. Do a section 75 reclaim. Services not provided by the company.

Here is a link to the site that shows their authorisation suspended.

https://www.claimsregulation.gov.uk/details.aspx/21870/Finex_UK_Ltd/?search=simple&business=Finex&authID=&sector=-1&county=-1&status=-1


Their business model is doomed for failure. If you take £495 up front on an area that only has around 1.5% chance of success then when it comes to paying back the £495 on the 98.5% of cases then the business is going to collapse. This is what has happened with a number of claims companies focusing on areas with low chances of success. The biggest name, Cartel, took around £30 million up front before they collapsed.