MT Financial News - January 2012

From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:

Savers can reinvest lost ISA funds

The Treasury has announced new rules to protect savers who have invested in an ISA with a financial institution which subsequently collapses.

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HSBC fined for mis-selling of investment products

The selling of unsuitable investment products to elderly customers by HSBC subsidiary NHFA Limited has resulted in the banking giant being fined a record £10.5 million by the Financial Services Authority (FSA).

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