B&G PLC which was not regulated by the Finance Conduct Authority (FCA) had issued investment bonds worth up to £36m to around 1800 retail customers. Many of these investors had dealt with B&G Finance who were regulated by the FCA and were intermediaries between B&G PLC and the investors.
Reflecting on the entering into the administration of both companies, Peter McKenna, Partner and Head of the Financial Mis-Selling team at TLW Solicitors commented:
“This will be a particularly worrying time for investors of B&G plc particularly with everything else that is going on in the world and the financial pressures that many are already under. However, if investors in B&G plc are concerned about the advice they received or the way in which the investment was explained to them then we may be able to help recover some or all of their losses.”
Working on a ‘no win – no fee’ basis, TLW’s experienced team can help you through the compensation process. Our clients are reassured by our knowledge and experience of FSCS procedures and, indeed, we have had FSCS claims successfully upheld for clients whose claims had previously been refused on purely technical grounds.
If you are concerned about your, a friend or loved one’s investment in Basset & Gold Plc and B&G Finance Ltd, please get in touch with TLW Solicitors today by calling 0800 169 5925, email or complete our call back form.
Time limits can apply and so anyone wishing to bring a claim should do so without delay.
Meet Peter, Peter is a TLW Partner and Director of the Financial Mis-Selling team.
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