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Category Archives: Investing
HSBC faces a huge bill for inapropriate advice to the elderly
HSBC has been handed a bill of nearly £40m by the Financial Services Authority for advising elderly clients in care to invest in bonds. In total 2,485 customers were affected, they were advised by HSBC subsidiary NHFA to invest in order … Continue reading
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Investing for today or tomorrow?
Recent statistics from the Investment Management Association show that September 2011 saw inflows of money into funds of £568 Million. This means that the third quarter of 2011 saw the lowest inflows of money since the third quarter 2008. Both … Continue reading
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