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FOS dismisses adviser’s attempt to blame introducer for Harlequin losses

The Financial Ombudsman Service has upheld three complaints relating to Harlequin investments against adviser Allan McRoberts despite him blaming an unregulated agent for lost funds. The clients were referred to McRoberts, who was trading as AM Wealth Management, by an unregulated agent for Harlequin. The Harlequin group of companies marketed and built overseas luxury property […]

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Thousands of second jobbers missing out on auto-enrolment

Hundreds of thousands of workers are missing out on pension contributions because they have more than one job. Auto-enrolment rules mean contributions are calculated on a band of earnings between £5,824 and £43,000. This test is applied for each individual job, so people with multiple employers miss out on the first £5,824 each time. Provider […]

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