Asset Backed Management, an unauthorised firm that was paid between 27.5% and 40% commission to promote bonds, has been wound up by the High Court.
The court heard the firm sold "asset investment opportunities" to the public by cold-calling customers and promoting the investments through its website. Incorporated in January 2017, Asset Backed Management...
Systems, controls, governance and culture
Following more reviews
Beyond the FCA's seven considerations
‘Ensure vulnerability is taken seriously’
Fund managers see 'signs of a tentative recovery'
Operating profits at £117m in first half
Cofunds integration offset expenses
'Others will also lose access to advice as the market implodes'
HBSC, M&G and Janus Henderson ‘constant laggards’