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A UK retiree faces £155k in compensation for advice given 28 years ago, sparking debate on long-term financial liability.
A retired UK financial adviser faces a £155,000 compensation claim for advice given 28 years ago, drawing attention to long-term accountability in financial services.
An anonymous £5,000 donation has been made via crowdfunding to support his legal defense.
The case underscores ongoing debates over liability for past advice, fairness to retired professionals, and evolving regulatory standards.
Meanwhile, the FCA unveiled a 20–30 year strategy focused on consumer protection, AI integration, and cryptofinance, while industry leaders called for greater inclusion of disabled individuals in pensions and financial services through accessible career paths and inclusive practices.
Un jubilado del Reino Unido se enfrenta a una indemnización de £155.000 por un consejo dado hace 28 años, provocando un debate sobre la responsabilidad financiera a largo plazo.