Arch cru IFAs on alert as law firm circles

Pannone, which has worked on negligence claims related to Keydata and the Icelandic banking crisis, said the six IFA businesses on its radar include networks and nationals as well as smaller firms, and it expects this number to grow to the hundreds. Julia Norris, senior associate at Pannone, said the firm had already been approached by investors concerned about the advice they had received, but had told them to wait to see the outcome of yesterday's debate. Hoban's dismissal of further action or inquiry into Capita's role as authorised corporate director of the fund range left investo...