Fraud, theft, foul play: Can advisers spot the next scandal before it breaks?

How much can advisers really be expected to know about problem investments before they turn sour?

Laura Miller
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How much can advisers really be expected to know about problem investments before they turn sour?

Keydata and Arch cru collapsed separately six years ago, but important new details about who and what caused the multi-million pound failures are still filtering out. Advisers were among the first to be blamed, if not for causing the investments to collapse, then for the depth of the impact the failures had by mis-selling the investments, on the grounds they should have known they were high risk. But as more blame for the problems at Keydata and Arch cru falls elsewhere, it's fair to ask, how much can advisers really be expected to know about problem investments before they fail?  ...

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