Barclays Wealth in £10k trail dispute with Massow

Ivan Massow's trail commission reclaim service, paymemy.com, said it is prepared to fund the action - believed to be the first of its kind - on behalf of a Leicestershire investor. Richard Muston had £9,800 deducted from an Aviva fund and paid to Barclays Wealth, but claims he received no advice in return, according to the Financial Times. In 2004, Muston had set up a £200,000 trust fund through an IFA in Birmingham, which was later taken over by Barclays Wealth. Aviva, the fund provider, then paid an initial commission of £5,000 to the IFA. But Muston said he only recently realise...