Who’s side is your bank on?

Monday 10th December 2018

Who’s side is your bank on?

The BBC programme, Watchdog, has investigated the story of a young victim who was beaten and left unconscious in a park and then had his entire inheritance raided from his bank account. To make matters worse his bank, NatWest, refused […]

More Mis-sold Financial Products !

Friday 5th October 2018

More Mis-sold Financial Products !

Solar Panels, The New Nightmare For Barclays !
Barclays may have to pay a £38.5 million bill to homeowners over loans taken out to fund solar panels which may have been mis-sold. Barclays Partner Finance is a subsidiary of the bank […]

Tesco Fined £16.4 Million Over Cyber Attack

Tuesday 2nd October 2018

Tesco Fined £16.4 Million Over Cyber Attack

The Financial Conduct Authority has handed down a massive fine to the supermarket bank following a cyber-attack In November 2016. The attack did not result in any theft or loss of personal customers data, but did lead to 34 transactions […]

First Ever GDPR notice served to Facebook !

Wednesday 26th September 2018

First Ever GDPR notice served to Facebook !

GDPR made its highly anticipated debut back in May of this year and, until recently, the Information Commissioner’s Office (“ICO”), who are in charge of enforcing the new regulations, had yet to issue any fines.
There had been a lot of […]

Pension Scam Victims Win Case Against Mis-sold SIPP

Thursday 20th September 2018

Pension Scam Victims Win Case Against Mis-sold SIPP

The Financial Ombudsman Service has upheld a complaint bought by five individuals who lost nearly £100,000 after transferring their savings following a free pension review.
The decision made by FOS could offer hope to thousands of other victims, who have lost […]

Financial Ombudsman Service Review Too Lenient ?

Tuesday 24th July 2018

Financial Ombudsman Service Review Too Lenient ?

Financial Ombudsman Service Independent reviewer calls for blanket response by FCA to mis-selling claims, but is the review too lenient?
Following an undercover investigation carried out by Channel 4 Dispatches programme, the government called for an independent reviewer to internally investigate […]

Interest-Only Mortgages, The Ticking Time Bomb !

Wednesday 11th July 2018

Interest-Only Mortgages, The Ticking Time Bomb !

Thousands could be owed compensation, if they were advised to take out an interest-only mortgage when other loans were available.
 
Experts in the industry have been warning for years about the ticking time-bomb of interest-only mortgages.
For most of us, our mortgage […]

Timeshare Victims In Distress !

Tuesday 10th July 2018

Timeshare Victims In Distress !

Praetorian Legal are representing a large number of claimants in relation to mis-sold timeshare contracts, many of which have bottle-necked with the Financial Ombudsman Service (FOS). These cases are ones where the finance provider has refused to acknowledge responsibility for the […]

The FCA Orders The Ombudsman To Help Victims Of APP Fraud

Thursday 28th June 2018

The FCA Orders The Ombudsman To Help Victims Of APP Fraud

The Financial Conduct Authority (FCA), along with the Financial Ombudsman Service (FOS), have published joint guidelines on how to deal with Authorised Push Payments (APP) fraud. These guidelines strengthen the authority of FOS and are much needed, as a report […]