Break-in costs Welsh adviser firm Niche IFA £7,000

TV and internet equipment stolen

Hannah Godfrey
clock • 3 min read

Niche IFA has suffered an apparent break-in over the course of an office refurbishment, which the Newport-based adviser said would cost the firm more than £7,000.

The incident occurred in the early hours of Sunday 28 July. The firm has reason to believe a middle-aged man broke into the office using a crowbar and took an £800 LG television that was intended to be used in the firm's boardroom. The intruder also allegedly stole an item from the firm's server cabinet, which Niche IFA director and Chartered financial planner Ray Adams described as essential to the running of the business. The taken component controlled Niche's leased line, which the business used for the internet. As the phones, call-recording systems, printers and computers all run of...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Why financial planning needs to wake up to neurodiversity

Why financial planning needs to wake up to neurodiversity

Finova Money’s Anna Butcher launches the Uniquely Wired Network

Isabel Baxter
clock 21 September 2026 • 4 min read
Ahmed Bawa: Why advisers need to ask themselves the long-term questions

Ahmed Bawa: Why advisers need to ask themselves the long-term questions

What do you need from your network?

Ahmed Bawa
clock 21 September 2026 • 5 min read
Advisers' Budget 2026 wish lists – 'this is a scary one'

Advisers' Budget 2026 wish lists – 'this is a scary one'

First under Burnham and Healey

clock 18 September 2026 • 3 min read