The ombudsman has ordered an IFA to compensate a client after transferring their SIPP money so it was invested through the discretionary fund manager (DFM) arm of a stockbroker instead.
Mr M, as he was dubbed by the ombudsman, complained about the advice he was given by Economic Financial Solutions IFA, trading as Torch Wealth Management. Mr M said he had suffered "severe financial losses"...
Criticism of FCA register post SMCR
Filling Christopher Woodlard’s shoes
Three hours in front of regulators
Figures for Q2 and Q3
'Advisers are the GPs of investing'
Keep your paraplanners close
Outside the family circle
PFS renews its warning to industry
In relation to 151 bonds