Investment misselling refers to the reckless or misleading sale of an investment, usually failing to consider the customer's financial needs, risk tolerance, and investment objectives
The most common types of mis-sold investments include stocks and shares ISAs (Individual Savings Accounts), Open Ended Investment Companies (OEICs), bonds, managed portfolios, and Personal Equity Plans (PEPs)
Pension misselling has become a growing concern in recent years, seriously impacting a large number of individuals and their once secure retirement plans
A mis-sold pension can include any pension scheme, such as defined benefit, defined contribution, or Self-Invested Personal Pension (SIPP), which you were advised to invest in without being provided with all the necessary information required to make an informed decision
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