Aifa wants Limitation Act to apply

Blackmore, Nicole
July 2009
Money Marketing;7/16/2009, p1
The article reports on the plan of the Association of Independent Financial Advisers (Aifa) to implement the limitation act in the financial services industry in Great Britain. According to Aifa director general Chris Cummings, the advisers should follow these rules in giving their clients with ongoing charges. The scheme will also allow the consumers to complain three years after purchasing products with latent or unapparent defect.


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