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My parents were mis-sold ISA's

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  • dunstonh
    dunstonh Posts: 119,688 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Santander may or may not have mi-sold his investment. However, they are offering people who think they may have been to early exit without penalty if they wish to do so. If they are happy with the investment then they can hold on to it. The actual terms of the investment are unchanged.
    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.
  • My DH has used similar words (fleeced, unscrupulous salesmen) when referring to an IFA and his advice. I have not suggested he complain about the value of his investment falling, as he declined to listen carefully to explanations of risk, or to read the small print before signing paperwork, or to take on board the cost of the advice.
    It was just unfortunate that he invested in 2007, not long before the crash.

    Sometimes you just have to take the rough with the smooth. Using emotive vocabulary does not in itself justify a complaint.
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