How much can advisers really be expected to know about problem investments before they turn sour?
Carbon credit adviser Archer Bramley has been named as one of 28 investment and pensions firms declared in default by the Financial Services Compensation Scheme (FSCS) between May and August.
Suspended, illiquid and distressed investments
Blame for Arch cru fund pricing errors, a fatal flaw at the heart of one of the biggest investment failures in recent years, has finally been laid at the door of the fund's administrator, Bordeaux.
More than 600 adviser firms have been declared in default by the Financial Services Compensation Scheme (FSCS) in the last five years - an average of almost 130 each year - as the impact of a number of high-profile investment failures continues to take...
Arch cru investors have been told they must continue to wait to get back what value there is left in the failed fund range, as the liquidation process looks set to drag on beyond this year.
Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison have said they are "disappointed" with an Upper Tribunal decision to uphold a regulatory ban and fine against them, but felt "vindicated" by parts...
Arch Financial Products (AFP) directors Robin Farrell and Robert Addison have lost their case appealing a regulatory fine and ban against them for their role in managing the failed Arch Cru funds.
Arch Financial Products chief executive Robin Farrell and compliance officer Robert Addison have called in administrators to liquidate the company, weeks after the High Court ruled it had been negligent in its management of the failed Arch cru fund range....
Arch Financial Products (AFP) chief executive Robin Farrell has hit out at "deeply regrettable" findings in a recent lawsuit against him and said investors could lose up to £4.4m in distributions from the action.