
Image:
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...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.