A complaint against Towry, based on an adviser's failure to properly record his client's circumstances, was dismissed by the Financial Ombudsman Service (FOS) after it found the advice had not been "devalued" as a result.
Mrs F complained advice she received from Towry in 2007 to take out an investment bond had been inappropriate given her personal circumstances. The adviser had recorded her attitude to risk as medium...
EIS and Seed EIS sectors
'Truly making a difference'
Avoidance, evasion and non-compliance
From 6 April 2019