Barclays failure to give final response within 8 weeks

Nearlyold

dunstonh wrote: »

That is incorrect. The timebars are long established.

magpiecottage wrote: »

This is incorrect.

The time barring rules were established in 1986 when the Latent Damage Act added sections 14A and 14B to the Limitation Act 1980.

All that happened subsequently was that the Financial Services Authority and FOS decided they could ignore them and instead have a watered down version of section 14A and no equivalent to section 14B.

The result is that financial institutions and financial advisers have LESS protection against "stale" claims than anybody else.

That is why we see widows of advisers being hauled up and compo demanded from them.

But those are facts and it's well known that conspiracy theories trump facts every time.;)