Stan Collymore wins £1.5m damages for poor advice

The ex-Liverpool player was advised to cash in his insurance policies and set up funds, which all failed, the BBC reports. Mark Francis, who traded as Chase Independent Financial Advice, and two other companies, all now in liquidation, were sued by Collymore. The court heard the former Aston Villa and Leicester City striker, 37, first contacted Mr Francis shortly before retiring from professional football in January 2001. David Guy, representing Collymore, said the costs of the action amounted to nearly £600,000. IFAonline