Wixted & Co Limited

Wixted & Co Ltd is a firm of solicitors who act for claimants in the fields of professional negligence and financial mis-selling.

The firm: Wixted & Co represents claimants in a wide variety of pension and investment loss cases and other professional negligence actions.

The practice has a strong national reputation for the work it performs in this area. Details of the cases it has acted on have been featured in the national press and it has also been approached to provide expert opinion and analysis in numerous financial publications. The senior partner also speaks at lectures to other professionals on financial services litigation.

It has won several prestigious awards in recent years and was nominated for a Law Society Excellence Award in 2014 for raising awareness of consumer rights regarding pensions and investments.

Wixted & Co was also named as Professional Negligence Law Firm of the Year in the Finance Monthly Law Awards for three consecutive years and won the award of Best For Financial Mis-selling UK in the AI Legal Awards 2015.

It has an experienced and dedicated team of solicitors and has achieved Investors in People Bronze accreditation.

Types of work undertaken: Wixted & Co’s work involves assisting people in recovering financial losses and securing compensation for clients who have been recommended unsuitable investments, pension transfers and other similar financial products by financial advisers, wealth management companies and other connected parties.

It is currently involved in landmark group action pension litigation, representing claimants who have suffered significant levels of financial loss by transferring or investing their pensions into self-invested personal pensions (SIPPs).

In many situations, these SIPPs have been used as a wrapper for investment into high risk and unregulated funds and asset classes. This has led to people suffering devastating financial losses on their pension funds and in some situations, these funds are now worthless.

The practice is proceeding with a significant number of cases where clients have suffered financial losses on such funds following unsolicited advice initially given by third parties who were not authorised or regulated by the Financial Conduct Authority.

A notable success is the landmark case of Adams v Options UK Personal Pensions LLP [2021] EWCA Civ 474.  Wixted & Co. acted for Mr Adams on a 'no win, no fee' basis.  He was cold-called and persuaded to transfer his safe pension into a high risk property investment and lost everything.  They succeeded on the case in the Court of Appeal and were able to change the law increasing Mr Adams compensation.  He not only received back his pension money transferred into the property scheme but also the investment returns he lost if his money had remained in the original pension.  Thousands of other pension mis-selling victims cases were on hold until this landmark case was decided.  They are now in the process of receiving fair compensation for their losses.

Wixted & Co also pursues cases for losses caused by the negligent advice or actions of other regulated professionals, such as accountants, solicitors and surveyors.

It considers and accepts cases under no win, no fee agreements and pursues all available methods of dispute resolution, which can include formal court action if liability is disputed.

It is able to consider matters where a previous complaint may have already been rejected by a financial institution or regulatory body such as the Financial Ombudsman Service.

Wixted & Co accepts case referrals for professional negligence and financial mis-selling matters. If a firm of solicitors, or any other professional, would like the practice to consider acting upon a matter, please contact Tim Wixted or Tim Hampson on [email protected] or [email protected] respectively.