should I have been told by my fsa that the investment I took with him was not insured

barney76

Registered User
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Just looking for some advice reg an investment I took with my fsa.

After a long process it appears the investment I took with my fsa was not insured.

Should I have been informed of this before I put my money down

Any thoughts on this would be appreciated and also who can I report this to?

I was not aware and even signed a reasons why form by the provider.

I did all my protection policies with him and also my mortgage business throughout my life so the confidence was there
 
barney76.

1.Get copies of every policy/investment docs.
2.Then, have a long hard read of the terms and conditions.
You may find them in accordance with what you believed you were taking on.
If they were not in accordance with what you believed, then you are into finding out have you any real come back.
3. In most cases @ least since 2007 Consumer Code, the onus is on the Provider to give clarity. But be aware our Ombudsman seems to still judge on buyer beware ie you signed = tough !

You cannot report to any one until you know what to report.
There is little point reporting if there is no sanction for the provider.
 
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