IFA advised couple on scheme that left them with a £500k debt

The couple, Arthur and Irene Pearson, were advised to take out the investment seven years ago, according to the Daily Mail. The resulting debt includes a £200,000 mortgage they can't pay off. They could lose the three-bedroom home in Nottinghamshire where they have lived for 52 years - and which was built by Irene's uncle. They moved in two years after they married in September 1959. They have no one to complain to, as the independent financial adviser who convinced them to take out the investment, and the firm he worked for, are no longer in business. The banks that approved the l...