United Kingdom
Collapsed wealth firm sells client book
After entering administration in August 2019
Former SJP adviser causes clients to lose £1.35m
But wealth management firm denies responsibility and refuses to pay compensation
PEOPLE MOVES: Brooks Macdonald, Barclays PB, Jupiter
Investments manager names director, while private bank makes senior hires in Europe
FCA bans contingent charging for DB pension transfers
Need to ‘improve professionalism’ of transfer specialists and their ‘knowledge in choosing assumptions’
Credit card fraudster financial adviser banned
He is currently serving a three-and-a-half-year jail term