With the tax affairs of so many VIPs once more in the headlines, Andrew Reid and James Hall consider what claims can be brought against the original advisers and what might be done to avoid that happening
So how does one begin to establish whether there is a claim against a previous adviser? As mentioned in our first article, many of our cases are referred to us from financial advisers, so the following is a guide to some of the questions you could ask a client to help establish if they may have a case for professional negligence against their former adviser: * Was advice or information given about the investment/tax mitigation scheme in question? If so, was it advice or information that a reasonably competent adviser should have given? * What were the adviser's terms of engagement? ...
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