A client was sold a SIPP by Natwest Bank while an NHS hospital consultant.
Natwest initially time-barred the case. However, we handled his Appeal to the Financial Ombudsman Service (FOS). The loss was a complex calculation as the client could have purchased added years with some of the premiums paid.
We obtained redress of £105,557 plus £1,150 towards the costs of an IFA to advise on his further pension advice needed.
Clients: Dr J N.