0808 301 7065 Mis-Sold Open Ended Investment Company Open Ended Investment Companies (OIECs) have been very popular in the last 10 years because of the flexibility and choice they provide. OEICs allow individual investors to pool their money together if they have smaller amounts to invest. This enables them to acquire assets in a much wider range of areas, lowering the risk involved by creating diversification. Open Ended Investment Companies can still be very risky and were often mis-sold. An adviser recommending an OIEC investment should make sure any potential investor is aware of all the risks involved, as well as ensuring the assets are chosen to match the individual’s personal attitude to risk. Have you been mis-sold an Open Ended Investment Company? OEIC investments should be seen as an investment to hold for at least five years because of the risks attached to them. Unfortunately, the volatility that has affected the world markets over the last two decades has led to many investors losing a large percentage of their money in these products – and if your adviser did not take external factors like these into account, you may have been mis-sold an Open Ended Investment Company. Open Ended Investment Company mis-selling also occurs when the investor is not made aware of any additional charges they may accrue. For instance, OEICs incur initial fees and ongoing management charges which can significantly impact the performance of a fund, and can be as high as 6% of the initial investment value. If you lost money unfairly as a result of Open Ended Investment Company mis-selling, you could be entitled to a claim. If the investment has ended, don’t worry: the claim may still be valid. Claiming for a mis-sold Open Ended Investment Company Consider these points carefully to see if you may have a claim: Were your personal and financial circumstances properly considered at the time you made the agreement? Were there any provisions for future difficulties? Were you advised to put all your savings into an OEIC? Did your capital decrease unexpectedly? At Goodwin Barrett, we know exactly how Open Ended Investment Companies have been mis-sold over the years, and we’ll be able to tell you over the phone if you’ve been a victim of mis-selling. If you’re eligible to make a claim, we can help you get your money back. To claim compensation or to ask for some advice on mis-sold Open Ended Investment Companies, call one of our experts on 0808 301 7065, email enquiries@goodwinbarrett.co.uk or fill out our call back box, and we’ll get in touch promptly. Request a call back If you'd like us to call, please fill in your details CALL ME BACK William Thornley from Bolton received £21,400 compensation from Halifax Alan Burke from Bolton received £34,800 compensation from Santander Why choose us? Hassle-free process. No lengthy paperwork to complete. Your own dedicated claims expert. Claims settled within 8 weeks on average. MORE ABOUT US Speak to our friendly experts If you feel you've been let down by your bank or financial adviser please call us. Call today 0808 301 7065 Customer Stories We've helped thousands of people win compensation as a result of unsuitable financial advice. Previous I’m absolutely delighted with the service we got from Goodwin Barrett, I couldn’t believe how easy it was and i’ve nothing but praise for them William Thornley from Bolton got back £21,400 from Halifax Next Figures shown are before the deduction of our fee. Goodwin Barrett Ltd Mikar Business Park Northolt Drive Bolton BL3 6NJ 0808 301 7065 enquiries@goodwinbarrett.co.uk Contact Us Terms & Conditions - Mis-sold Investment Terms & Conditions - Mis-sold Pension Pre Contract Information Complaints Privacy Policy Sitemap Request a call back CALL ME BACK Goodwin Barrett is a claims management company. You do not need to use a claims management company to make your complaint to your bank. If your complaint is not successful you can refer to the financial ombudsman service for free. Goodwin Barrett Ltd is authorised and regulated by the Financial Conduct Authority FRN: 830495 Company number 09294215 - Mikar Business Park Northolt Way Bolton BL3 6NJ. VAT registration number 198 9960 18, registered in England. Goodwin Barrett Ltd is registered with the Information Commissioner's Office under registration reference ZA085532.