Mis-sold Unregulated Collective Investment Scheme (UCIS)

What is a Unregulated Collective Investment Scheme (UCIS)?

 

High risk investments have been knowingly mis-sold to ordinary people who would not understand the true risk, nor that the investment is not protected by regulations. They are known as unregulated collective investment schemes. Some schemes are “land bank” schemes, and many are simply scams, whereas others may be simply opportunities that have been mis-described as having a lower risk.

How Do I Know If I Was Mis-Advised On My UCIS?

u
The Financial Conduct Authority (FCA), has repeatedly warned that unregulated collective investment schemes (UCISs), should not be marketed to private investors.
u
If you did not sign as a “Sophisticated Investor” and have lost money through such a scheme, you may be due compensation.
u
These schemes have proved very profitable for advisors, but less so for the investors. In short, UCISs are only suitable for sophisticated investors. They are not suitable for the average private investor.

Dr S - Oct 2020

My colleague recommended X-Claims to me. He was right, they are the best in the business and successfully fought my case. Thank you X-Claims!

Dr S - Apr 2020

Lorraine has provided me with excellent advice and achieved a good outcome, despite many challenges. I would highly recommend X-Claims.

Dr G - Mar 2020

Another doctor told me about your service. Without X-Claims I would not have challenged the financial advice I had received, nor the products I had been sold. They guided me through the process, kept me updated, took the hassle out of it, and as a result I have been awarded a significant sum of compensation. Thank you.

Dr W - Jul 2019

The process of making a claim for a mis-sold financial product was straight forward and painless by X-Claim’s experts. I was surprised and delighted with the outcome.

Ms G - Apr 2019

Thank you very much for pursuing this claim on my behalf and for the extraordinary result. I was aghast at the impact that a decision, made on bad advice many years ago, had on my pension.  Thanks to the expertise, tenacity  and sheer doggedness of you and your team that wrong has now been made good.

Dr D - Apr 2019

Thank you again for applying your significant astute observation, expertise and judgement to helping me obtain a just outcome with this issue of compensation for previous poor financial advice. Although the settlement is of course most welcome, the compensation for me is more than financial.

Dr B – Jan 2018

It was very easy to contact X-Claims and the whole process was straightforward and simple. Lorraine and Sophie were very helpful and efficient.