Here's our weekly heads-up on the stories that may have caught your clients' attention over the weekend …
Our adviser drained our fund of trust Another weekend, another uncomfortable headline for financial advisers in The Sunday Times. This article relates the story of Josephine and David Kelsall, a couple who had saved more than £1m, which they entrusted to Stevenage-based adviser Wagstaffs Wealth Management as they approached retirement. When the couple became clients of the firm in 2011, they were initially told the performance of their savings would be measured against the FTSE 100 with dividends reinvested. In February 2013, the Kelsall's adviser - "quietly" as the article puts it - c...
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