IFA to compensate client for Harlequin losses following unsuitable advice
25 FOS complaints
The Financial Ombudsman Service (FOS) has ordered Pacific IFA to compensate a client following an unsuitable pensions transfer and advice to invest in a Harlequin overseas property investment.
Mr L, as referred to by the ombudsman, and his wife were introduced to Harlequin by an adviser from a third-party business that was an appointed representative of a firm regulated to give advice. Following...
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