Derek Bullock from Manchester received £7,200 - Phoenix Life
A representative of Britannic Assurance (now Phoenix Life) advised Mr Bullock to save £100 per month to build up a nest egg for his retirement.
The plan began in 1999 and went on for 10 years when Mr Bullock cashed it in getting back £2,000 less than he had actually put into it. He asked us for help having seen our advert in his local paper. He did express some reservations about whether we could help given how long ago it was. We took on his case and started our investigations. We soon discovered serious flaws in the advice given and put together a detailed report to his investment provider.
Within 9 weeks we had secured him a compensation payment of just over £7,200.
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