Multiple veterans have lost thousands of pounds after being urged to switch safe pensions to riskier funds by a firm owned by Michelle Mone’s husband.
Former armed force members were advised to move their money to Financial Provisions Solutions (FPS), which later closed.
One 54-year-old, who fought in Iraq, lost £168,000 when he moved his final salary Army scheme to FPS and could only claim back £85,000, the Daily Record reports.
