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From: John Boyle 
Newsgroups: uk.finance
Subject: Re: Pension Robbery by Financial Advisors
Date: Mon, 29 May 2006 02:20:19 +0100

In message <1148834224.834117.216270@i39g2000cwa.googlegroups.com>, Fred 
 writes
>I have today discovered that my Financial Advisor has gone into
>liquidation!
>
>You've got to laugh!
>
>"As a fund of last resort, FSCS can only pay compensation for financial
>loss where a firm is unable to meet claims. For investment claims,
>compensation aims to put consumers back into the position they would
>have been in had they not invested. The compensation limit for
>investment claims is GBP48,000 per person."
>
>Not so funny for the hundreds who have been swindled.
>
>Personally I am about £100,000 worse off.
>

Why does the liquidation of your financial adviser mean you have lost 
any dosh?
-- 
John Boyle