0808 301 7065 Mis-Sold With Profit Bonds With Profit Bonds are designed to be suitable for investors who require low risk or cautious investments. These bonds take a lump sum investment and place them in a range of different asset classes – from corporate bonds to commercial property and equities – which creates enough diversification to spread the risk for investors. With Profit Bonds can provide a customer with an income or they can provide capital growth. Unlike other types of bonds, the value of the units purchased in With Profits Bonds won’t change on a daily basis. An annual bonus is added instead, depending on the performance of the underlying investments. In good years, the bonus awarded may be less than the capital growth achieved, which allows the fund manager to keep some bonus in reserve. Sometimes this results in bonuses being added to the fund even if the bond didn’t perform well. Cautious investors prefer this management approach, known as “smoothing”, because they don’t want to risk volatility in their investment. Were you mis-sold a With Profit Bond? With Profit Bonds may have been mis-sold if you weren’t made fully aware of the various charges and penalties that accompany them. If you received a penalty on your bond and weren’t informed, you may be able to pursue a claim for mis-sold With Profit Bonds compensation. Some investors, for example, received a penalty on their With Profit Bond and weren’t informed. The penalty, known as a Market Value Reduction (MVR), was originally designed to ensure that all investors in the fund received a fair share of the value, and were applied during periods when performance was poor. In another example, some investors were hit with a penalty for trying to get hold of their investment early. If you weren’t made aware that a penalty would be applied, you may have been misled to believe that you could take an annual income from your savings plan and cash it in whenever you wanted. Claim for With Profit Bonds Compensation At Goodwin Barrett, we know what risks With Profit Bonds carry and exactly how they are mis-sold. It’s our mission to help clients claim for With Profit Bonds compensation. If you believe you have been mis-sold a With Profit Bonds, call our experts on 0808 301 7065 to make a claim, or fill out our call back box and we’ll get back to you straight away. 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.