Tavistock sets aside £2.1m to pay for rogue adviser fraud
Several victims already approached the company with claims after losing £4.5m
Several victims already approached the company with claims after losing £4.5m
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Deal sees Lighthouse become the third largest shareholder in Tavistock
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Firm’s CEO says clients could possibly set up accounts for free
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Sanlam UK has appointed Charlie Parker as head of portfolio management.
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Sanlam UK has taken over Tavistock Financial’s network of 158 advisers adding £1.5bn to its total assets under advice, it announced on Thursday.
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AIM-listed Tavistock Investments has acquired Cornwall-based Duchy Independent Financial Advisers as part of a new regional operation in the South West.
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Tavistock Investments had cut its losses for the six months to the end of June to £172,000 versus £270,000 for the same period in 2013.
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