An elderly man taken ill in New Zealand is struggling to pay for medical treatment because his money is caught up in the Towry transfer debacle.
The man, a former client of Edward Jones who was visiting relatives in New Zealand, needs to pay for hospital treatment but the delay in transferring his assets from Towry to his chosen platform means he cannot access the money. "This is an example of some of the difficulties people are facing from being stuck in a state of limbo due to these delays," said a source in contact with the man's UK-based IFA. "This is the last thing someone should worry about when ill on the other side of the world." The only other capital the man has which is not tied up in Towry is an offshore bond. ...
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