A judge has rejected a couple's claim their adviser breached a continuing duty of care to them by failing to "correct" his original recommendation of a medium risk portfolio following the onset of the 2008 market crash.
Judge Andrew Keyser QC ruled the Lloyds Bank IFA gave suitable advice leading to the original investments in 2007, and was justified in not suggesting the portfolio had become unsuitable for the couple...
Achievements, charity work and other happy snippets
Laughable excuses for persisting
Spent 56 years at Schroders
Warns on profits