Case 1: In this case the member wished to be compensated for loss suffered when he relied on incorrect advice from the former trustee. It was the current trustee’s decision to not compensate that was being reviewed by the Tribunal. In his early fifties the member commenced planning for a post working life business venture and this involved buying rural land which already had an established business on it. In consultation with his accountants and legal advisers, he devised a financial strategy which involved his defined benefit withdrawal amount being transferred to a self-managed fund. He made enquiries, on several...