The Financial Ombudsman Service (FOS) has instructed an advice firm to compensate a client after it facilitated an investment into unregulated overseas property scheme Harlequin.
In 2012, the claimant - called Mr T by the FOS - invested £30,000 of his self-invested personal pension (SIPP) into Harlequin. He had met with Atlantic Overseas, an unregulated company linked to the scheme,...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till