18 July 2018
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The ombudsman has ordered Sussex IFA to repay a client more than £140,000 after facilitating a transfer into a SIPP
The ombudsman has ordered Sussex IFA to repay a client more than £140,000 after facilitating a transfer from his personal pension plan (PPP) into a SIPP and helping him invest most of the money into Harlequin properties.
The advice firm helped the client - only referred to as 'Mr B' - to transfer some £126,000 into the SIPP to enable him to buy three Harlequin properties. The client told the ombudsman he was referred to...
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