View more on these topics

Adviser facing fraud charges

An Isle of Wight IFA is facing eight charges of obtaining by deception and false accounting after a former business partner in an offshore prop-erty investment company reported him to the police.

Paul Wade of Churchill Financial Solutions has been accused of defrauding Churchill Innovative Solutions, where he was a director until February this year, out of more than £23,000.

Wade has pleaded not guilty to the charges and is due to reappear in the Isle of Wight magistrates court on July 29.

He says: “The criminal system is being used to drive forward a civil matter. All the accusations were made within weeks of me setting up a competing company.”

Wade left Churchill Innovative Solutions in February this year to set up an IFA firm, called Churchill Financial Solutions, and is continuing to trade during the court proceedings.

He says he has fully disclosed the matter to the FSA and is waiting for advice from the regulator.

The FSA refused to comment on the charges.


APC service offers commercial quotes

APC Underwriting has set up APC Alliance, a network that enables mortgage brokers and IFAs to place insurance for commercial clients. APC Alliance says introducers can get a quote within an hour.

Survey cover

EEF/Jelf Employee Benefits Sickness Absence Survey 2015

EEF stated in its 2015 EEF Manifesto that the UK’s growth prospects depend on people being fit, working and productive. Keeping people in work and helping people return to work is very important for the manufacturing sector. It means boosting productivity by getting people back into work as early as is possible, as well as fostering workplace cultures and environments that proactively manage individuals’ health conditions so that all can benefit from lower sickness absence outcomes.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm