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Chester · North Wales · England & Wales

Financial Advisor Negligence
Claims Solicitors

If your financial advisor or IFA recommended unsuitable investments, mis-sold you a pension, or gave advice that resulted in financial loss, you may have a claim. FCA-regulated advisors are required to hold professional indemnity insurance.

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No Win, No Fee — Financial Advisor Negligence Claims

If your claim is unsuccessful, you pay nothing. We offer no win no fee agreements for financial advisor negligence claims in appropriate cases. ATE insurance covers the other side's costs if you lose — giving you complete financial protection.

Free Assessment

After-the-Event (ATE) Insurance — Protection Against the Other Side's Costs

ATE insurance covers you against having to pay the defendant's legal costs if your claim is unsuccessful. Combined with our no win no fee agreement, you face no financial risk in pursuing a legitimate financial advisor negligence claim. The ATE premium is typically only payable if your claim succeeds.

Types of Claim

Common financial advisor negligence claims

Unsuitable investment recommendations

Where a financial advisor recommended investments that were unsuitable for your risk profile, financial circumstances, or investment objectives — resulting in financial loss.

Pension mis-selling

Where you were advised to transfer out of a defined benefit (final salary) pension scheme into a personal pension or SIPP, and that advice was negligent or unsuitable.

Failure to explain investment risks

Where a financial advisor failed to explain the risks of an investment in a way that you could understand — leaving you exposed to losses you were not warned about.

Negligent insurance advice

Where a financial advisor recommended an insurance product that was unsuitable for your needs, or failed to advise you on the cover you required.

Failure to diversify portfolio

Where a financial advisor concentrated your investments in a single asset class or sector without adequate justification — resulting in avoidable losses.

Negligent tax planning advice

Where a financial advisor gave negligent advice on tax-efficient investment structures — resulting in an unexpected tax liability or financial loss.

Your Solicitor

Alex Bailey, Solicitor at PDA Law Chester specialising in financial advisor negligence claims
Professional Negligence

Alex Bailey

Solicitor — Commercial Litigation & Dispute Resolution

Alex has extensive experience advising on financial advisor negligence claims across England and Wales. He provides an honest assessment of the merits and likely costs before you commit to a claim, and offers no win no fee arrangements in appropriate cases.

Call 01244 757352Send an Enquiry

Free Initial Assessment

Tell us about your financial advisor negligence claim

Alex Bailey will review your details and contact you to discuss your claim.

An estimate is fine — we assess all claims with losses above £10,000.

Briefly describe the advice given and the financial impact on you.

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FAQs

Financial advisor negligence — common questions

Can I claim against my financial advisor for negligent advice?
Yes. Financial advisors and IFAs owe their clients a duty of care and are regulated by the Financial Conduct Authority (FCA). If your financial advisor recommended unsuitable investments, failed to explain risks, or gave advice that resulted in financial loss, you may have a claim. All FCA-regulated advisors are required to hold professional indemnity insurance.
Is financial advisor negligence covered by no win no fee?
Yes — we offer no win no fee (conditional fee) agreements for financial advisor negligence claims in appropriate cases. The claim must have strong merits and the likely recovery must justify the risk. We will give you a clear, honest view at the outset.
What is after-the-event (ATE) insurance?
ATE insurance protects you against having to pay the other side's legal costs if your claim is unsuccessful. Combined with our no win no fee agreement, it means you can pursue a legitimate financial advisor negligence claim without any financial risk. The ATE premium is typically only payable if your claim succeeds.
Should I complain to the Financial Ombudsman Service (FOS) first?
For claims against FCA-regulated firms, you may be able to complain to the Financial Ombudsman Service (FOS) — which is free and can award up to £430,000. However, FOS complaints are not always suitable for complex or high-value claims. We will advise you on whether a FOS complaint or a court claim is the most appropriate route for your case.
What is the time limit for a financial advisor negligence claim?
The general limitation period is 6 years from the date of the negligent advice. If you did not discover the negligence until later, the "date of knowledge" rules may extend this — but only to a maximum of 15 years. Seek advice promptly.
What is the minimum value of claim worth pursuing?
As a general guide, we would not usually recommend pursuing a financial advisor negligence claim unless the loss suffered is at least £25,000 – £30,000. Professional negligence claims require independent expert evidence, which adds to the cost. We will give you an honest assessment at the outset.
Do you act for clients across England and Wales?
Yes. We act for clients across England and Wales — including Chester, North Wales, Central England (Birmingham, Coventry, Wolverhampton, Nottingham, Leicester), and nationally. Most of our work is conducted remotely.

Think your financial advisor was negligent?

Speak to Alex Bailey for an honest assessment — merits, costs, and whether no win no fee is available.

No obligation · No win no fee available · ATE insurance available

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Costs Explained Upfront
Same-Day Response
Chester & England/Wales
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