The Association of Independent Financial Advisers has slammed the decision by the Personal Invest...
The Association of Independent Financial Advisers has slammed the decision by the Personal Investment Authority to pay out more compensation to 25,000 victims of pension mis-selling. It criticises the need to reopen cases in which payment has already been made to investors who controacted out of SERPS and believes there is no reason why IFAs should have to re-evaluate cases in where compensation has already been paid. AIFA spokeswoman Tracey Mullins says: "If the regulator has given guidance on calculating redress that was later found inaccurate why should IFAs reopen cases if they fo...
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