2 Comments

  1. Kev Ducky
    February 6, 2018 @ 6:25 pm

    The principle of the investment was good and I am sure that the commission received was not unduly high. I had one client in the fund with a maximum if 5% of their total value. The company had guaranteed contracts to easily expand the business.
    We are very quick to use the hindsight blame.
    The question is not the product but investing £500k of client’s money in an unregulated investment.
    BTW the client who I invested was me 🙁

    Reply

  2. Brev
    February 13, 2018 @ 11:52 am

    @Kev Ducky

    The word on New Model Adviser is that the fund was paying commission of 8%. Do you consider 8% “not unduly high”, or do you have concrete evidence about New Earth’s commission structure that contradicts this?

    Reply

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