L&G told to compensate client over investment advice given 25 years ago
'Too risky'
The advice was given in 1996.
Legal & General has been instructed to compensate a client over “unsuitable” investment advice it gave a married couple 25 years ago.
In September 1996 Mr and Mrs W were advised by L&G to each invest into two Personal Equity Plans (PEPs) in the Legal & General Worldwide Trust. The complaint of unsuitable advice centred on the level...
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