A wealth manager has entered liquidation because it is unable to pay back clients to whom it mis-sold investments, leaving Financial Services Compensation Scheme (FSCS) levy payers to pick up the bill.
Turnberry Wealth Management - which entered liquidation on 27 March - has lost at least three cases at the Financial Ombudsman Service (FOS). The FOS ruled the IFA advised clients to invest in high...
'Misleading, unclear, unfair' promotions
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UK Multi Cap Income sees success
Guidance on dealing with misconduct