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With house prices still beyond the reach of many, the Bank of Mum and Dad (or BOMAD) is often being asked to step in on a regular basis to help their adult children with their financial commitments. There is also a growing expectation of redundancies, resulting from the ongoing impact and restrictions associated with Covid-19, therefore BOMAD may be called upon for additional financial support.

 

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Registered in England and Wales No: 3053936. Registered Office: Lancaster House, Ackhurst Business Park, Foxhole Road, Chorley Lancashire PR7 1NY.

Perspective (South West) Limited is authorised and regulated by the Financial Conduct Authority.

Perspective (South West) Limited is a subsidiary of Perspective Financial Group Limited.

Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows:

The Financial Ombudsman Service Exchange Tower, London, E14 9SR

Tel: 0800 023 4567 or 0300 123 9 123

www.http://.financial-ombudsman.org.uk

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