My IFA Friend were a financial advice firm, established in 2010 and based in Bristol.
They went into liquidation in 2015 and are no longer authorised by the Financial Conduct Authority to provide regulated products or services.
In 2016 the FSCS declared them in default. This is something they do when they are satisfied there are existing protected claims against the firm and that the firm is unlikely to be able to pay compensation.
Mis-selling claims made against My IFA Friend relate to pension advice in which clients transferred into SIPPs which had unsuitable, high-risk investments.
Most pension mis-selling cases occur because of poor or sometimes just plain negligent financial advice. If a regulated company or advisor has recommended a product like an investment or pension transfer and it wasn’t suitable for you, this may be pension mis-selling.
If you are concerned that the advice you received from My IFA Friend may have been unsuitable (mis-sold) – we offer a free initial consultation to help you check.
Whilst each case is individual, as mis-selling specialists we know to look for certain signs that in our experience indicate that mis-selling may have happened.
Our assessment is free and there’s absolutely no obligation to use our service if you have case.
See what our clients have to say about our service on Trustpilot.
You are not required to use our services to pursue your claim. You can also seek further advice or shop around subject to any time limits within which a claim must be made.
It is possible for you to present the claim for free, either to the firm or person against whom you wish to complain or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.