HT Legal Ltd, renowned for its expertise in financial services claims, today celebrates a major victory with their 11th successful claim for clients against Sequence Financial Management through the Financial Services Compensation Scheme (FSCS). The claims pertain to investments in The Resort Group, marketed through an unregulated introducer, First Pension Review Services, as featured on BBC’s Panorama in July 2016.
“This marks a significant milestone after three years of diligent efforts,” said Tony Carter, Managing Director of HT Legal Ltd.
“While this represents a considerable win, we must remember that thousands of clients who have lost money with financial advisers haven’t come forward yet. Our team of experts simplifies the process. We offer a no-obligation assessment, which clients can schedule on our website, Claimmyloss.co.uk.”
After an extensive 18-month review by the FSCS, which initially rejected all claims, HT Legal appealed on the basis that The Resort Group was indeed an Unregulated Collective Investment Scheme. In January 2024, the FSCS reversed its decision and upheld the first of HT Legal’s client claims.
Despite the heightened costs and time demands in lodging their appeal, HT Legal has refrained from passing on any extra charges to their clients.
Tony added: “We know that some of our competitors have chosen to take more aggressive action which has resulted in their clients having to pay additional charges. We always believed we would see a positive outcome and wanted to remain focused on our clients getting the best financial result.”
The journey continues, however, as approximately 300 clients remain impacted, with individual claims ranging from £5,000 to £300,000. Although the FSCS limits compensation to £85,000 per claim, many may still endure considerable financial hardships. HT Legal Ltd remains dedicated to securing justice for each client.
Tony continued: “While we celebrate this victory, our mission continues. We are committed to helping all affected clients get the justice they deserve. We encourage anyone who has lost money with financial advisers to reach out to us for support.”
For additional information or to arrange an assessment, visit Claimmyloss.co.uk.
