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Denning v Greenhalgh Financial Services

News & Judgments
3 February 2017

In a significant decision on the responsibilities of Independent Financial Advisers, Mr Justice Green struck out a claim alleging that the defendant IFA firm had failed to advise its client on deficiencies in the advice of a predecessor firm and on a possible complaint or claim against that other firm. Jonathan Hough QC acted for the successful defendant firm. The Judge considered in detail the principles governing the circumstances in which a professional is obliged to advise outside the scope of his/her retainer, and how those principles apply in the context of financial professionals.

Click here to read the full judgment

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