Victory! Five years after Money Mail told forklift driver David's story about mis-sold annuity, Prudential has finally paid up



A fork-lift driver who was deprived of a fifth of the pension he deserved has finally won compensation - five years after his complaint was fobbed off.
It is the first evidence that savers who were sold shoddy annuity deals are getting payouts when they complain.
In 2012, Money Mail featured the case of David Burnett, a lifelong 20-a-day smoker who was then 65.
David was among millions of people effectively forced to buy an annuity, which pays an income for life, before the pension freedoms were introduced in 2015.
His smoking habit meant he qualified for a higher annual income from his... read more

 
22 November 2017 in Business, Views: 78
Source: Daily Mail
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