
Debarment overturned after Tribunal criticises ‘desktop’ investigation
A failure to verify a client’s income amounted at most to negligence, but the evidence did not justify debarment for dishonesty.

A failure to verify a client’s income amounted at most to negligence, but the evidence did not justify debarment for dishonesty.

The Tribunal says that even informal communications qualify as regulated advice if they involve financial recommendations.