Close Asset Management to compensate client for unwanted ongoing advice
Client invested £25,000 through DFM service
Close Asset Management has been asked to compensate a client it engaged since 2000
Close Asset Management has been ordered to compensate a client who was charged an ongoing advice fee after investing through the firm's discretionary management service.
Mrs V, whose identity is confidential for privacy reasons, complained to the Financial Ombudsman Service (FOS) claiming Close charged her for an advice service she did not want or need. In 2000, Mrs...
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