Two advisers have today been banned from financial services for significant failings relating to about 2,000 pension transfers, which led to more than £50m being transferred to overseas property developments operated by Harlequin.
Advisers Timothy Hughes and Andrew Rees, of 1 Stop Financial Services, got 1,959 clients to transfer more than £122m from their pensions into unsuitable self-invested personal pensions to give them access...
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