The Financial Ombudsman Service (FOS) has said an advice firm must pay compensation to a client after advising them to invest in an unregulated, overseas property scheme. Miss D - as referred to by the ombudsman - said she was given unsuitable advice to transfer her occupational pension scheme (OPS) and personal pensions to a self-invested personal pension (SIPP). She was advised by specialists pensions firm Heather Dunne IFA, an appointed representative of Financial Solutions Midhurs...
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