BBC "Money Box Investigates" to air poor financial advice tonight

BBC Radio 4's "Money Box Investigates" is to air an undercover investigation into the standards of financial advice offered by tied and independent intermediaries that will "shock" listeners, according to a preview of the programme "The Price of Advice". That shock has already been shared by industry experts, the BBC says, including SOFA chairman Nick Bamford, Tax Briefs editorial director Danby Bloch, and the Consumers' Association's Teresa Fritz, the BBC says. Among the findings: one adviser urges a client to invest in a corporate bond ISA because it carries no risk, another...