A financial adviser has been terminated by the Quilter Financial Planning network after failing to properly follow its advice processes, Professional Adviser can reveal.
Daniel Thomas was a director at Bridgend-based firm DPT Financial Solutions, which was an appointed representative of Quilter. The firm is now inactive. During his time at the company, Thomas advised individuals - including steelworkers - and outsourced defined benefit (DB) transfer advice to a firm with the necessary permissions. PA understands Quilter terminated Thomas from its advice network on 20 September because he did not follow its advice processes correctly, which included completing proper paperwork and producing appropriate suitability reports. Beals Mortgage and Financ...
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