One of my pre-Covid bees-in-bonnet was the almost weekly recurrence of the same old scams, involving the sale of unregulated investments promising returns as illusory as a Trump virus cure. Those who lost money as a result were greedy, foolish, ignorant, duped or a combination of all, take your pick. Those whom it’s now confirmed will pick up the bill are we advisers sensible or straight enough not to have recommended these things. To the tune of £16m. And you think financial advice is too expensive? Go figure.
“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.