How safe is your clients' money?

            The financial crisis prompted a significant reappraisal of just what constitutes ‘safe' in financial services. Previously, few would have considered whether money held with a major institution, such as a high street bank, would disappear but the experience of Northern Rock forced a rethink. Since then, investors have been understandably cautious about how their money is held - and by whom. These concerns, naturally, spread to fund management groups and raise questions that may trouble your clients. Is their money at risk if a fund manager goes bust? What hap...