The Financial Ombudsman Service (FOS) has ruled advisers could not reasonably have known Lehman Brothers was in financial turmoil when they recommended clients invest in structured products to which it was counterparty, in a trio of rulings.
In separate claims handled by the ombudsman against national adviser Chase de Vere, RSM Tenon - now Baker Tilly Financial Management - and Newcastle-based Professional Wealth Management, it ruled the firms...
Assist customers to get better deal
CIO Stephen Jones will take up UK duties on an interim basis
Expansion of Marcus
The Sunday Times continues SJP investigation - three things your clients may call you about this week …
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They join the technical teams