A retired IFA currently battling an Ombudsman payment protection insurance claim dating from the 1980s says the lack of a complaints long-stop for advisers is "crazily unfair" and is pushing his MP to intervene.
Tony Mathers, formerly of Mathers Harrison & Co (IFA), said his retirement was being disrupted due to a ‘bogus' payment protection insurance claim dating back to 1987 and his health was suffering as a result. Speaking to PA, he said: "I cannot have a proper, decent retirement. This is an injustice. I am not equal under the law according to the regulator, that is plain wrong." The former IFA, who retired from his Leicestershire-based business after 42 years due to serious ill health, said he was lobbying MP Stephen Dorrell to push for change. He said the MP for Charnwood was now...
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