One thought on “Pension scam victims victorious against Sipp provider”

  • Jonathan Compton says:

    Interesting ruling that investors are not responsible for their own mistakes. Looks like the Greenspan-Bernanke Put has now been extended from markets to individuals. There is some logic that the platform provider should have spotted that the investment was via an unregulated scheme but still difficult to see why the platform is liable for execution only clients who – and let’s be honest – were either so greedy or dim to believe they could make 15% p.a. form growing beans in Costa Rica. Without personal responsibility for investment the system falls apart and regulations stifle the rest of us. The consequences are not good..

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