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...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created