Pritchard

There is a great letter from a reader in this weeks Investors Chronicle on the subject of nominee accounts. Under the title "Broken Brokers", Jonathan Crozier says he used to work for Pritchard Stockbrokers who are one the brokers that went bust covered in previous articles. He complains about the low level of compensation under the Financial Services Compensation Scheme (currently £50,000) which he says is a ludicrously low figure for Mr Average. But this is the paragraph that made the most ...