The Financial Ombudsman Service (FOS) has sided with Barclays bank on the amount of compensation a couple of clients were due after they were mis-sold a £52,000 high-risk investment.
The ombudsman said the amount offered in compensation by the bank, after it admitted it had sold an unsuitable investment to the pair, was fair and reasonable. Barclays had admitted to selling the couple...
Investment in unregulated scheme
From 6 April 2020
Investors lost £3m
Following M&G suspension
No change in the 'near term'
UK goes to the polls on 12 December
Over the course of this week Professional Adviser has revealed the majority of the shortlists for our 2020 PA Awards, the winners of which will be announced at a black-tie dinner in February.
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