High Court rules against FSCS in compensation policy ruling

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  • the award was an insult given the mental anguish it causes these financial advisers of a similar scam should be banned for life i am a victim

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  • It is scandalous how the FSCS was brought into being to protect consumers but is intent on finding ways of limiting claims and if possible, dismissing them, using their interpretation of 'fair' to quash compensation that would normally be payable by a firm. They use notional savings as an excuse when calculating compensation in endowment cases, when one of the main selling points was lower premiums and they don't take in the liability of future mortgage payments when the endowment finishes - where is the fairness in that?

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