HT Legal Ltd, a leader in the field of financial services claims, today marks a significant achievement with their 11th successful claim on behalf of clients against Sequence Financial Management, facilitated through the Financial Services Compensation Scheme (FSCS). These claims involve investments in The Resort Group, which were marketed by the unregulated introducer, First Pension Review Services, as documented 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.”
HT Legal Ltd succeeded in their appeal after an 18-month review by the FSCS, which initially rejected all claims. The firm argued that The Resort Group was effectively an Unregulated Collective Investment Scheme, and in January 2024, the FSCS accepted this view and upheld the firm’s first client claim.
Despite the significant additional costs and time needed for the appeal, HT Legal has opted not to charge their clients any additional fees.
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.”
With challenges still ahead, approximately 300 clients are affected with claims ranging from £5,000 to £300,000. Although the FSCS imposes a cap of £85,000 on compensation per claim, many clients might still incur substantial financial losses. HT Legal Ltd is committed to continuing their dedicated pursuit of 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 more details or to book an assessment, visit Claimmyloss.co.uk.
