Sanlam Life & Pensions has been ordered to compensate two clients for financial advice it gave three decades ago on four long-term savings plans.
The complainants told the Financial Ombudsman Service (FOS) they were each wrongly sold two unsuitable savings plans, which included life cover, that needed to be retained for several decades to deliver...
Bought plans in 1988 and 1989
To be added to model portfolio service
Launched 25 September