Case Studies

Mr J was approaching retirement and had two private pension funds worth a combined total of close to £65,000. He intended to use these funds to supplement the income that he would receive from his State pension so that he could meet daily living expenses.

Mr and Mrs C from Leicestershire had a considerable amount of capital following the sale of their business. Their intention was to put this money into a secure investment which would obtain a reasonable rate of interest while safeguarding the capital. They did not want an investment with any element of risk as they intended to use th

Mrs B was over 95 years old when she decided to sell her property and move into rented sheltered accommodation. Her monthly income was around £300 short of the amount she was required to pay in rent and she therefore wanted to use the sale proceeds to produce an income which could be used to meet this shortfall.

Mr and Mrs A obtained a significant capital sum following the sale of their family home and intended to use this money to supplement their income for future living costs. They did not want to expose this capital to any level of risk and considered themselves to be cautious investors.

Our client was unwilling to jeopardise these savings as she was unable to work due to being the sole carer for her elderly mother and terminally ill husband. The adviser recorded our client as a low risk investor but recommended a medium to high risk investment heavily weighted in equities and commercial property.

He had been a customer with the Defendants Bradford & Bingley for 20 years. They repeatedly asked him to invest money with them. Eventually he had a meeting with their adviser and they recommended their product.