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Originally posted by twpd That strikes a chord Gizmo - obviously you're an "insider"! It was sold to me early 88. I will follow it up. |
I got out of it a long time ago and glad I did. I can't recall when the FSA changed if its pre FSA it was open house for dodgy salesmen. Even after it a lot of companies compliance units didn't understand the relevance or workings of the FSA so forms weren't correctly completed or doctored after the sale as the salesmen couldn't be bothered to fill everything in when seeing the client so they got client to sign a blank form, in amongst everything else being signed you wouldn't have noticed. if its after the FSA you should have had proper quotes ( at 5 and 8% I think but can't recall clearly) sent or given to you on anticipated maturity values, there would have been a disclaimer on them though
