Portafina 'considering legal options' after FOS sides with complainant

The client in question - dubbed Mr B by the Financial Ombudsman Service (FOS) - had complained about the suitability of the advice he was given to transfer his three occupational pension schemes (OPSs) to a self-invested personal pension (SIPP). He argued Portafina "failed to ensure the investments he made were in line with his attitude to investment risk". In 2014, Mr B was introduced to Portafina by another, unnamed advisory firm because it needed another business to advise on the transfer of the OPSs. At the time, Mr B was in his mid-40s and intended to retire at 65. Portafina t...