OpenMoney increases advice fee to 0.76%
Digital advisory firm OpenMoney has increased its advice fee for the first time since its launch in 2017.
Source: professionaladviser.com
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Firm calls 'fraud': Wellington Court told to compensate client but claims it never gave advice
The Financial Ombudsman Service (FOS) has sided with a client who claimed that adviser firm Wellington Court had given him unsuitable advice to invest his pension proceeds into a high-risk investment which lost most of its value.
Source: professionaladviser.com