When Neil Woodford’s LF Woodford Equity Income fund collapsed in the summer of 2019, accusatory fingers were pointed in different directions. Woodford was blamed, of course, for an “over-reliance on large, illiquid assets”.
Good morning and welcome to your Morning Briefing for Wednesday 11 August, 2021. To get this in your inbox every morning click here. Advisers depart Quilter Quilter Financial Planning’s (QFP) focus on adviser productivity has seen 141 restricted advisers depart the business. The total number of restricted advisers
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Several Basset & Gold (B&G) bondholders have told Money Marketing that they are suffering from stress and anxiety, with some under prescribed medications.Many of the bondholders have been waiting for months for the FOS to find a settlement following the collapse of B&G.
“Solving the problem,” argue researchers, “would instead require improved education or screening of advisers”. Such a move would doubtless go down like a lead balloon. Alas, it is, I agree, a necessity.