Claims chaser Rebus Investment Solutions has released yet another “Adviser Watch List” despite solicitors warning that consumers should be wary of it.
The latest instalment of Rebus’ watch list includes a selection of 10 networks and advisers that Rebus has tabled claims against.
Rebus has published a new list despite solicitors warning it could give consumers an “entirely false impression”.
Rebus employs banned adviser Richard Rhys, who was struck off by the FSA for Ucis misselling.
In its newsletter, Rebus defends the list by saying it allows investors to be better informed.
It states: “It allows them to check whether those who have advised them or who are advising them have previously been found to have mis-sold such schemes by the Financial Ombudsman Service or the Courts, or are currently being investigated in connection with possible mis-selling by Rebus on instruction from existing Rebus clients.
“We stress that just because we are investigating mis-selling does not mean that there has been misselling.”