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Barclays, HBOS face £850m law suit
I'd be very interested to know if financial advisors were incentivised to push this product above any other product on the market at the time. As my mother was a victim of a shared appreciation mortgage, and paid a financial advisor for the privilege, we wrote and asked the bank. Although they acknowledged that commission was paid to the financial advisor, they apparently didn't have any details regarding the precise payment. Are there any guilty financial advisors out there who could shed any light on this?
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