UK - Unscrupulous financial advisers are using lax trustee rules to pressurise financially-strapped firms to wind-up schemes, senior industry figures have revealed.
A Birmingham-based group of IFAs – which is not being named for legal reasons – is acting under the guise of an “independent trustee” to carry out wind-ups at a cost which it specifies. OPAS say...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
