A Corporate Chartered financial planning business has been told to compensate a client who was recommended to invest £50,000 in a bond based on senior US life settlement policies, following a final ruling by the Financial Ombudsman Service (FOS).
Cheshire-based Greystone Financial Services has been ordered to pay the client the difference between the performance of her investment and that of a benchmark comprising 50% the FTSE WMA Stock Market...
Bought plans in 1988 and 1989
To be added to model portfolio service
Launched 25 September