Why the Honister commission deal borders on the scandalous

SCANDALOUS

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Graham Cross, managing director of Helm Godfrey Partners, discusses the fallout from the sale of Honister Capital's advisers' commissions by administrator Grant Thornton...

Of the numerous troubling issues raised by the Honister Capital debacle, that of client ownership, is one that will strike a particularly worrying chord with many advisers. >>Read about the Honister trail commission decision HERE<< Ex-Honister advisers are furious at the perceived shoddy treatment they have received at the hands administrator Grant Thornton. It is understandable why - the commissions they have earned in the course of advising their clients have been snatched out from under them, sold to the highest bidder without so much as a please or thank you. To add insult t...

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