IFA scoops up two ex-HSBC advisers

Cathedral Financial Management was approached by the advisers - one an IFA and one restricted - after they were made redundant by HSBC. HSBC said in April that it was cutting its 650 tied advisers, closing its tied advice service. In November it said its in-house team of 400 advisers who currently offer whole of market will become restricted from 1 January 2013. Tim Ames, director of Cathedral, said the two new recruits were attractive because of the skills they already had, including authorised status, "robust compliance training, good key performance indicators and great interperson...