James Davenport handed over £110,000 to a finance company broker in 2010, £22,000 of which was wrongly invested. Heidi Scrimgeour reports
When James Davenport* took early retirement in 2009, aged 63, he was looking forward to moving to Spain with his wife.
The couple were keen to invest their savings wisely but were wary of pension annuities. Davenport, a sales and marketing manager for 32 years, carefully researched his options online. One finance company broker stood out, so he decided to pay them an unscheduled visit when he was passing near their Peterborough office.
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Source: Guardian