High risk, unregulated investments, recommended by stupid (charitable) or unscrupulous (realistic) advisers more often than not lose money for investors who then have to be compensated by the majority of less stupid and more scrupulous advisers. The simple solution, it’s always seemed to me, would be to stop regulated advisers recommending unregulated investments. Instead, they’re spending £2.3m on a ‘publicity campaign’ to ‘warn consumers of the dangers’. I’m sure they know what they’re doing. So, am I missing something?
“Platforms call for UK government to resist launching ‘retrograde’ British ISAs”
There is a school of thought which might say that, should you wish to revive and encourage investment in the UK Stockmarket, a starting point might be the reversal of Brexit.
