Chase de Vere fined 560k for Keydata sale failings
Chase de Vere Independent Financial Advisers has been hit with a fine of £560,000 for misleading customers in the sale of Keydata products.
Chase de Vere Independent Financial Advisers has been hit with a fine of £560,000 for misleading customers in the sale of Keydata products.
The Financial Ombudsman Service has ruled in favour of a client which was advised by Chase de Vere to invest £145,000 into three high risk UCIS funds, six years before his retirement.
A growing number of retirees could shift their investment focus towards higher-risk holdings due to expectations of longer term low interest rates.