If you thought I was making this stuff up, here we go again, but a day later yet another client-advised-to-invest-pension-in-non-existent-property-scheme story. The never-built property was supposedly in Brazil; why would you ever touch it with a bargepole? Beats me, but it’s likely, as the adviser’s company is now in liquidation, that ‘the liabilities incurred following the complaint will fall onto the Financial Services Compensation Scheme’. So we’ll be coughing up on her behalf.
“Trade war: Stock markets rally as Trump rows back on Fed and China threats”
Yet another reminder, should one be needed, of how quickly things can and will change. A nod and a wink in the right direction from himself and/ or an underling can provide the solace the money men crave and turn a plummet into, if not a soar at this stage, then certainly a bounce.
