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The client bought plans in 1988 and 1989.
Sanlam Life & UK Pensions has been asked to compensate a client it advised to invest in "extremely inflexible" long-term savings plans more than 30 years ago.
The Financial Ombudsman Service upheld a complaint from Mr C, who bought savings plans with Sanlam in 1988, and again in 1989, while he was in his late 20s. The savings plan was advertised as on...
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