Did you lose money on a HBOS or NBS GTEP?

GTEP investors have an opportunity to recover losses from their GTEP Product Provider - HBOS or NBS

Progress so far

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.

Integrity is doing the right thing, even when no one is watching

Group Action Claim

GTEP investors are invited to join the Integrity Group Action claim by the law firm by :

  • No liability for any costs
  • Reasonable prospects to recover the highest possible percentage of their original GTEP investment plus some consequential damages

What Are Claimants Required To Do?

  1. Join the Integrity Group Action by signing a mandate with the litigation law firm
  2. Work with the litigation law firm in providing a witness statement
  3. Verify evidence with the litigation law firm


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).


If you are just joining the claim, you may be interested in our communications with claimants so far.



For Individuals wishing to register, please fill out the form below:

I wish to be included with the Integrity Group Action claim and issued with the litigation law firms Authority Mandate I would like to request a call back from Integrity Reviews Ltd to discuss the Integrity Group Action


For Firms registering on behalf of a client, please fill out the form below: