The "flabbergasted" boss of a national IFA has revealed the business received an unexpected 200,000% increase in a fee payment from a provider following an accounting gaffe.
Friends Life paid 2plan Wealth Management £10m last month when it owed the firm about £5,000 in 'normal fee income'. When 2plan raised the accounting error with Friends Life, it appeared the provider...
£300bn of liabilities
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