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Retirement Planner’s round-up of the top pension stories this week.
A former adviser at NHFA has launched a stiff defence of the advice given - and products sold - by most of his ex-colleagues after parent company HSBC was fined £10.5m for mis-selling investment bonds to the elderly.
Other HSBC articles
The ten worst offending payment protection insurance (PPI) mis-selling firms could face costs of over £55m to enable regulators to deal with the problem.
(Updated 11:15am) The FTSE 100 is trading more than 1% higher in mid-morning trading on Tuesday afte closing 2011 down 5.5% for the year.
A group campaigning for a judicial review into the Arch Cru investment funds scandal has had its initial request rejected by the High Court.
HSBC analysts say that short-term sentiment has driven markets at the expense of long term investment thinking during a markedly volatile 2011. But what’s been created out of this situation is a potentially attractive set of investment opportunities for 2012 for those with a longer-term perspective.
It’s been another busy (and in some instances raucous) year in financial services. While it’s been a positive 12 months in many respects for advisers, the regulator has again come in for criticism...
Ian Lowes of structuredproductreview.com matches a portfolio of five SPs against a proxy tracker and says the result provides an interesting perspective on the value of structures
Back in July, journalists and the care industry alike wondered why HSBC hurriedly closed market leader, Nursing Homes Fees Agency
A former Nursing Home Fees Agency (NHFA) adviser has scoffed at banking giant HSBC's attempts to distance itself from a mis-selling scandal which led to almost 2,500 pensioners being sold unsuitable investment bonds.
A group of Arch Cru investors have obtained figures which show the extent of the losses suffered by the fund range in the run up to its suspension.
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