The Financial Ombudsman Service (FOS) has thrown out a test case brought by an IFA who argued charges levied on Keydata investors following a change of custodian to their assets were "excessive" and "grossly unfair".
Lowes Financial Management managing director Ian Lowes complained to the FOS on behalf of a client who he believed was charged unfairly for the administration of her assets in the wake of a series of firm...
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