I have struggled for ages to place such a case… I find it very ironic that HSBC have no problem with them… they seem to find so many myriad reasons to turn them down they had probably forgotten this one!!
Yes, yes, that’s all very well, but can you get fish and chips, John Smiths beer, pork scratchings, black pudding and Coronation Street??
Good news! However, there’s something wrong with this fish. Why appointed representatives selected panel?
What about directly authorised advisers – how can they help their clients that fit into this category, knowing that this area of lending is going to be mostly intermediated? Or as for Magellan is there discrimination between DAs & ARs?