Portafina has come under fire from the Financial Ombudsman Service (FOS) after it advised a cautious factory worker to transfer 85% his pension into four unregulated collective investment schemes (UCIS).
In 2011, Mr O took advice from Portafina about his pension. He was advised to transfer his rebate-only personal pension to a self-invested personal pension (SIPP). Most of the funds were then invested...
Hires Wellington Management
Introduces 'The Long Dog'
Continuing Square Mile’s series of informal interviews
Happy GDPR day