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Legacy Caerus SIPP complaint sees Quilter compensate client

The Financial Ombudsman (FOS) has upheld a complaint against advice firm J&P Financial Services over unsuitable advice it gave to a client regarding a self-invested personal pension (SIPP) transfer.

FOS complaints data: SIPP gripes top 3,000 with 56% upheld

Self-invested personal pensions (SIPP) garnered 3,021 complaints to the Financial Ombudsman Service (FOS) in the past year with a 56% uphold rate.

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