Financial advisors face sentence

Two financial advisers who fleeced hundreds of vulnerable pension holders in a £20m con will face sentence next month. Rikki Nicholls, 56, and Mark Kelly, 51, persuaded 285 victims to move their pension plans to their company PCD Wealth and Pensions (PCD) between September 2006 and April 2013. Using others, known as introducers, Kelly and Nicholls convinced pension holders to move their plans from underperforming companies into a self-invested personal pension scheme (SIPP). They went on to invest that money…