Totally clueless? Why joint general investment accounts store up trouble

Last week, I had one of these disturbing conversations with an adviser who was most put out that James Hay did not offer a joint general investment account (GIA). His clients, both retired, had a large portfolio of collectives, one was a basic rate taxpayer the other higher rate and they owned a house worth in excess of £1m. When I suggested that it would probably be best for them to have separate GIAs, I was told I did not have a clue what I was talking about and he promptly hung up. I did ponder for a second or two if I was clueless. I have to say I have always considered when de...