News - January 2012
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.
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).
Government considers unfreezing expat pensions
According to the International Consortium of British Pensioners (ICBP), the government has set up a working group to investigate the possibility of unfreezing the state pensions of around half a million UK pensioners who currently live overseas.