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Financial Advisors give bad advice - FSA reports

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Comments

  • dunstonh
    dunstonh Posts: 120,219 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    30k of posting history does not give you the right to laugh at someones question in a patronising way.

    Who was laughing at someone? I said I was laughing at the comment. Not the person.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • JuicyJesus
    JuicyJesus Posts: 3,832 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    jamesd wrote: »
    A large business where we have a contractual right to require a customer to submit to a particular type of audit, which we do when we have reason to believe that there has been fraud.

    The word sack was used because that's the word that dunstonh used. If you prefer alternative language, we'd refer to our country audit team and they would then take the matter up with the legal team to enforce our rights against the customer. If the customer declined to accept the audit we'd go to court first to compel them.

    I'm actually interested in this. Fraud? Audit? What sort of fraud are we talking about here? Pray tell...

    fairleads wrote: »
    I'm impressed, pity though that your team never took the time to audit some of the dodgy maths that appear from time to time on this blog

    This isn't a blog. It's a forum.
    urs sinserly,
    ~~joosy jeezus~~
  • fairleads
    fairleads Posts: 595 Forumite
    JuicyJesus wrote: »
    I'm actually interested in this. Fraud? Audit? What sort of fraud are we talking about here? Pray tell...




    This isn't a blog. It's a forum.
    Originally Posted by fairleads viewpost.gif
    I'm impressed, pity though that your team never took the time to audit some of the dodgy maths that appear from time to time on this forum


    Hope that meets with your approval, now what have you to say about the dodgy maths?
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