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Sub-prime
A former Credit Suisse banker has been found guilty of fraud after deceiving investors into buying risky investments that led to $1bn (£610m) of losses.
Unemployment reached an 11-year high today when another huge increase in the numbers looking for work edged the total closer to the two million mark, The Independent reports.
Two directors have been censured by the FSA for failing to ensure their firm had appropriate procedures in place to ensure customer received suitable mortgage advice.
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Clients can qualify for enhanced annuity rates for a range of conditions these days, including obesity, high blood pressure and previous medical treatment.
The FSA published its annual consumer survey last week. It’s often a dull read – mainly because little ever changes in the public’s perception of providers, products and the FSA.
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The magazine is heavily focused on our Better Business section, which supports advisers in the run-up to RDR and beyond, and Investment.
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At the start of one of busiest times of year it is easy to think about all the obvious things...
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