The FSCS has released figures that show another 754 former clients of collapsed Beaufort Securities have been paid compensation, while another 1,400 clients who ‘still require compensation’ are in waiting.
That makes it 16,100 former Beaufort Securities clients who have received compensation for things such as pension mis-selling since the firm went under, following an undercover FBI sting.
Why are Beaufort Clients getting compensation?
Beaufort securities offered many services, including Discretionary Fund Management where people’s money is invested in portfolios managed by the firm.
But in some cases, the investments inside these portfolios may have been unsuitable for the clients, being high-risk.
The FCA then went on to make an urgent application to the high-court and Beaufort went into administration.
Did somebody tell you to invest with Beaufort?
If you invested with Beaufort, you may be able to make a claim against the financial adviser who recommended them on due diligence grounds.
Take a moment to have a free chat with the team of claims specialists at Spencer Churchill Claims Advice – you could be entitled to make a claim you didn’t know about.
Let’s rewrite your financial story
We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.
We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.
When you get let down by someone you thought you could trust, it can leave its mark on you, emotionally and physically.
We are committed to transparency and fairness in the way we conduct with clients, including how we charge for our claims services.
Find out how much you could claim today
Ready to take the next step? We’re here with clear, no-pressure advice. Give us a call today to find out if you have a valid claim
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