Financial advisers could be on the hook for hundreds of millions of pounds after the latest twist in the Harlequin saga in which the Financial Services Compensation Scheme (FSCS) has written down the value of the investment to nil.
Arch cru investors have been told they must continue to wait to get back what value there is left in the failed fund range, as the liquidation process looks set to drag on beyond this year.
The fund management industry is "ripe for investigation" regarding pay packages, according to the Institute of Directors (IoD).
Audio & Video
Professional Adviser editor Scott Sinclair welcomes this apparently pro-advice regulator, but argues it still doesn't quite get it...
Pension fraudsters are often described as ‘pushy’, but what else do we know about them? Natasha Browne investigates
As the word ‘sales’ has been forcibly removed from advisers’ vocabularies, so the use of traditional sales aids has fallen by the wayside. So, Carmen Reichman asks, how are advisers communicating with the clients of today?
Highlights from Professional Adviser
Alistair Hewit, head of cash management at Deutsche Bank Private Wealth Management UK, explains the benefits of cash as an asset class.
Andrew Lyddon, equity analyst at Schroders, explains how to spot a company that looks undervalued, but turns out to be cheap for good reason.
Enter your firm for the Professional Adviser Awards 2015, which will be held at The Brewery in London in February.
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