Prudential has paid an IFA for advice needed by a customer who received a correction payment on their Scottish Amicable pension, after IFAonline highlighted the case.
In April, Pru wrote to 39,000 customers informing them a mistake had been made with their pensions and they were due a correction payment to their accounts. At the time, Yvonne Goodwin, of Yvonne Goodwin Wealth Management, said Pru must pay for the advice her client needed on what to do with the payment. However, a Pru spokesperson said at the time: "We will not pay for independent financial advice. There is no obligation on us to pay this and we chose to do it." But the insurer appears to have backtracked and has now paid Goodwin for her services to its client. Goodwin said: "I...
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