Their Blunder, but You Have to Pay for It

Summary


J. W. F. writes: I am sending you a copy of a letter my wife and I have received from Barclays clawing back money already paid to us from our investment in the Legal & General (Barclays) MM Sterling Corporate Bond Fund. We feel it is unfair that we have to pay for someone else's error and wonder whether the fund managers will still be employed.

THE letter from Barclays says the fund manager, Legal & General, has overpaid income distributions by an average of eight per cent.

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Extract


Their Blunder, but You Have to Pay for It

And it has done this not just once, or even twice...

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