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Adviser ordered to pay redress after changing benchmark

A Hertfordshire-based advice firm has been ordered to pay a couple £10,000 compensation after changing the performance benchmark of their savings. According to a Sunday Times report, a Financial Ombudsman Service investigation resulted in Wagstaffs Wealth Management paying compensation to couple David and Josephine Kelsall, who had saved more than £1m over 50 years. The […]

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Senior Managers Regime will put an end to reckless advisers

The Spring Budget arrived with more of a whimper than a bang. Beyond the National Insurance hike (which was swiftly U-turned on just one week later) there were few significant developments. It seems the Treasury is keeping things on a steady footing until we are closer to Brexit. The world of regulation, however, has got […]

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