Companies

Lifeboat fund aware that customers had purchased investments from insurance broker

Deal first announced last September

Provider ‘gaining traction’ on targeting the top 500 advice firms

Advice firm entered liquidation in 2023

Promised client that investments would repay mortgage by 2025

Plans to double AUM by 2029

Recognises that ‘talent comes from all backgrounds’

Adds £200m in assets to the network

A total of £1,358 paid back following FOS decision

Charge of £250 will be applied to ‘make funding arrangements fairer’