“L&G told to compensate client over investment advice given 25 years ago”

Apr 7, 2021 | Financial Services

I bought this car in 1997. I sold it in 2003, but I was never really happy with it, the seats gave me backache and the stereo was rubbish. The guy should have asked me about my bad back and music-listening preferences, so I think I’ll ask for my money back with interest of 8% per annum, please. If only life were like that. Well, it is, if you bought a PEP (kids etc.), and can find the paperwork when the claims management company cold-calls you. Not much hope with my dodgy Mondeo, though.

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“Simon Evan-Cook: FCA must wake up to consolidation damage”

“Simon Evan-Cook: FCA must wake up to consolidation damage”

This is where I can don my ‘been around the block, seen it all before’ mantle. What’s happening in our business/industry/profession at the moment is a lot of what’s become known as consolidation, big companies, many fuelled by private equity, buying up smaller firms or taking over the clients of retiring advisers.