Three property investment firms shut down
They misled investors and misappropriated £3m in funds
£3.4bn in property wealth released in 2020
Money was mostly used to boost financial resilience or make gifts to family
Royal London to offer immediate life cover
Clients will not need to wait for medical evidence or the underwriting to be completed
Fidelity not out to eat advisers’ lunch with wealth mgmt push
Roll out of financial advice venture raises questions about the firm’s role in the UK