I am Iain Stamp, the CEO of Integrity Reviews (formally TEP Factory Ltd). Together with a team of regulatory specialists, lawyers and Queens Counsel - I have put together a compelling case for a group claim against HBOS and NBS.
The group claim strategy aims to recover losses suffered by Geared Tranded Endowment Policies (GTEP) investors introduced to HBOS and NBS by Integrity Financial Solutions (Integrity, now in liquidation) following advice from their IFA.
It is contended that the GTEP product providers are Halifax Bank of Scotland (HBOS) and Newcastle Building Society (NBS). In the majority of cases (except its own IFA clients) Integrity provided IFAs with an administration service and HBOS/NBS with an introductory service.
A significant number of GTEP investor compensation claims have been paid out by the Financial Services Compensation Scheme (FSCS).
The Financial Services Compensation Scheme (FSCS) limits claims to £50,000 (see FSCS: Compensation Investment Limits). Most GTEP investors lost more than the £50,000 FSCS compensation limit and therefore have suffered uncovered losses, in some cases life-changing losses.
The GTEP group claim aims to recover unfunded losses for investors irrespective of any past FSCS claim.
My work on this matter is conducted without expectation or intention of personal earnings; I am referring my customers to a specialist law firm who will take the matter through a litigation process at no cost to the claimants.
Experts have thoroughly investigated the matter and concluded that the Maximiser Product provided by HBOS or NBS, was not appropriate for the circumstances of their customers. It is contended that HBOS and NBS breached many FSA regulatory principals leading to an unfair relationship with their customers.
GTEP investors are invited to join the Integrity Group Action claim by the law firm by :
The Integrity Group Action is a no win no fee opportunity, that is easy to join and requires minimal input and time from claimants.
As the number of claimants and amount claimed increases, the percentage deducted to cover costs is reduced. Therefore, the more claimants, the greater the compensation amount received by each claimant and the lower the percentage deduction from any compensation received.
Claimants can still join even if they have already received partial compensation for their total losses from the Financial Services Compensation Scheme (FSCS).
For Individuals wishing to register, please fill out the form below:
For Firms registering on behalf of a client, please fill out the form below: