Hi again Hawka,You refer to a commission being paid. I assume...

Hi again Hawka,
You refer to a commission being paid. I assume this would have been disclosed to you, if one was paid?

It is quite reasonable to expect they would / should have a reasonable understanding of the investments (whether they did or not is another thing). Although to what extent they would have been able to understand the depth of potential problems with these 2 funds (which seem to have been very well disguised as worthwhile) is an unknown that can only be tested in court and may well prove to be insufficient or inappropriate.

As I understand, the latter is what will probably need to be proven - that they should have known that the investments were inappropriate to your situation, but that's only a guess.

Last question (remember, I'm only trying to get a broader understanding, which may help some others in a similar situation) - do S&G charge a flat fee or are do they also take a % commission of any success? The legals always seem to be the grinners in this kind of stoush.

The best of luck to you.