The Sunday Telegraph on Rip Off Investment Advisers

Post date: 13-Aug-2015 04:39:05

Katie Morley writing for the The Telegraph reports on how offshore investment advisers take advantage of poorly regulated environments to sell high risk, high commission investments to low risk investors often with the complicity of internationally renowned insurance companies. Skandia, (part of the Old Mutual organisation), Royal London 360 (now called Rl360) and Hansard are cited in the article which includes a description of how advisers were 'taught' to hide charges and an example of a retired couple that were conned out of their life savings by the deplorable actions of these criminals. (Click The Telegraph image to read the full article).