Financial Advisers' Liability

We combine extensive knowledge of the financial advice sector with our commercial and strategic approach to deal with claims in a way that is tailored to your needs. Whether it’s a complaint to the FOS, litigation or an FCA intervention - we have the expertise and resources to deliver results swiftly and effectively.


We act for leading insurers and insureds, and our clients range from some of the largest national networks of financial advisers, mortgage and insurance intermediaries to sole practitioner Independent Financial Advisers (IFAs). We’ve also defended the private banking arms of retail banks, the wealth management businesses of investment banks and leading life insurance companies on claims related to financial advice.

We can handle the full spectrum of claims which financial advisers may face including customer complaints, referrals to the Financial Ombudsman Service (FOS), past business reviews, skilled persons reports, court proceedings and recovery claims by the Financial services Compensation Scheme.

We have advised on mis-selling claims relating to all types of financial products. Our FOS experience includes advice on jurisdiction, case presentation and challenging decisions including via judicial review. We provide strategic advice on handling multiple customer complaints relating to particular product lines or other systemic issues and help mitigate future risks. We also provide support to insurers on coverage issues.

We’re sensitive to broader regulatory and reputational issues applying to firms and individuals. We advise on regulatory concerns relating to claims as well as stressful FCA interventions such as unannounced visits, information requests, interviews and enforcement proceedings, working closely with our team of financial services regulatory specialists.

We also have specialist knowledge of pensions, which we can call on when advising financial advisers on pension related claims.

As committed specialists, we focus on proactive management of claims to minimise claims payments as well as protecting your brand and reputation.

What our clients say

  • This is an exceptional group of hard-working, client-focused lawyers who really care about their cases and clients. Moreover, there is absolute engagement at partner level and real value for money.

    Legal 500

  • Dan Preddy: exceptionally knowledgeable and experienced, Dan is calm, commercial, unflappable and absolutely focused on the optimum outcome for the client – whether through advantageous settlement or litigating through to trial. You want him on your side

    Legal 500

Financial Advisers' Liability key contacts

Who we are

Why choose DAC Beachcroft?

We’re a broad-based commercial firm serving a wide range of sectors with a strong heritage in insurance,
health and real estate. We combine excellent legal skills and cutting-edge delivery expertise to design
solutions that fit the needs of our clients – often involving clever uses of technology.