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John Gilbert from Burton-On-Trent got back £1,880 from Lloyds

John Gilbert

John and Marilyn were nearing retirement a number of years ago and planning a house move when they approached Lloyds TSB for some investment advice. They were recommended to invest into a combination of ISA’s and Unit Trusts with Scottish Widows.

They were encouraged to invest the majority of their savings at an uncertain time in their lives but were reassured by the adviser that their money was safe and that they simply could not lose.

However, Mr and Mrs Gilbert soon realised that this was not the case and suffered a loss when they surrendered their investments just a short while later. They felt “shocked” at this loss and did not realise there was anything they could do regarding this.

John saw an advert for our service in his local paper and called us. After discussing their case at length, a complaint was submitted to Lloyds TSB on the basis of unsuitable advice in a number of areas.

Just a short time later Mr and Mrs Gilbert were very pleased to find that the bank agreed with the points raised and were willing to make them an offer of compensation of £1882.

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