Seven ex-Premiership footballers launch High Court action over pension advice

Ex-Newcastle United players

Sophie King
clock • 1 min read

Seven former premiership footballers have launched a high court battle over alleged mis-sold pensions and investments.

The footballers, who all previously played for Newcastle United, include Robert Lee, Warren Barton and John Beresford allege they were all mis-sold pensions that amounted to nearly £3m, with some losing up to £850,000 and being forced to sell their family homes. They claim to have received negligent legal advice from the same financial adviser, Kevin Neal at Kevin Neal Associates, which has gone into liquidation and Kevin Neal Associates Wealth, which has dissolved. Neal was previously sued by fellow Newcastle United player Andrew Shearer and a settlement of £100,000 was made in 2019. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

HNW inheritance planning: Why international mobility is tearing up the old playbook

HNW inheritance planning: Why international mobility is tearing up the old playbook

'Advisers must also evolve beyond just fulfilling transactional roles'

Marc Acheson
clock 24 November 2025 • 4 min read
Autumn Budget 2025: Budget speculation forces clients to put financial decisions on hold

Autumn Budget 2025: Budget speculation forces clients to put financial decisions on hold

‘This year, anything goes’

Professional Adviser
clock 24 November 2025 • 1 min read
Why good advice relies on asking difficult questions

Why good advice relies on asking difficult questions

Difficult questions a 'core feature' of good advice

Ahmed Bawa
clock 21 November 2025 • 4 min read