mis-sold investment claim

I requested a company to look into the mis selling of my pension fund into oil. This company then passed it onto the financial service compensation scheme, who looked at all my mis sold pensions. My fee to the company is 30%. But am i liable to pay 30% of the total mis sold pension or just the amount i requested the company to look into?ie the oil part? Yvonne

Comments

  • dunstonh
    dunstonh Posts: 119,121 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You are liable to pay 30% of the compensation payment. The fee is also VATable at 20%.
    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.
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