Have you ever had an Investment with Phoenix Life?
You could be owed £1,000s in compensation if Phoenix Life mis-sold you your Investment.
Many customers may have been mis-sold their Investments by Phoenix Life, Investments such as PEPs, ISAs, OEICs, Bonds, UNIT TRUST, PIP & Portfolios. Phoenix Life may have misinformed consumers about their Investments that were linked to the Stock Market & a majority of customers across the UK may have been put into the wrong risk category, putting more of their own money at risk.
When Phoenix Life sell an Investment they have certain rules that their advisor must abide by and if they did not follow these rules then you may be entitled to a claim.
If you feel that the Phoenix Life advisor gave you wrong Financial Advice with your Investment, start you claim by completing the form opposite.
Phoenix Life may have mis-sold their Investments in various different ways:
- Customers may not have been put into the right risk factor by Phoenix Life that was comfortable for them.
- Phoenix Life may not have made their customers were not informed that it takes a minimum of 5 years to see a noticeable return.
- Phoenix Life did not make their customers aware that if they drew an income from their Investment it would put their initial money that they invested at risk.
- If customers had any outstanding credit or debt, Phoenix Life should have advised the customer to use the extra money to clear this off first before investing into the Stock Market.
Have Phoenix Life mis-sold you your Investment?
- I didn't ask Phoenix Life to invest my money into the stock market where I would be subject to financial risk.
- I was led to believe by Phoenix Life that I would generate a larger income from this investment.
- I was not advised by Phoenix Life that there was a risk of losing money from my investment.
- I feel that Phoenix Life over exaggerated how the Investment would perform compared to how it is performing right now.
If any of the above reasons for complaint are relevant, you could be entitled to:
- 8% interest plus any other compensation that may be owed for other miss selling factors from Phoenix Life at the point of sale.
- We will compare your current financial position to the position you would have been in had you invested your money in the right area instead of where Phoenix Life told you to. In the event that you would have been better off we will pursue a claim for the difference against Phoenix Life.
- Compensation interest at 8% per annum on the amount of any compensation.