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legal and general ppi
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L and G say the fraud was not theirs.
Correct.The FSA cannot find the advisor and we had been told (many years ago) that no claim is possible.
The FSA register started in 2001. IFAs became regulated for insurance in January 2005. So, if the FSA has no info then it would suggest pre 2005.Can we do anything?
No. the complaint liability is with the adviser assuming its a post 2005 case. If its a pre 2005 case then you have no-one ot complain to.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.0 -
Thank you for the reply. Really clear and I would not want to open this issue again as the stress involved is worth avoiding.
Thank you again.0
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