An administrative error made by Fidelity has resulted in the firm unintentionally shelling out "millions" of pounds extra to advisers when paying its adviser charges this month.
One adviser told Professional Adviser Fidelity had overpaid their firm £4,000, causing them unnecessary "administrative hassle" and problems reporting their half-year results, which, they pointed out,...
'Exact timescale' of complaints not yet provided
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Some scheme’s ‘fib’