TITLE

Adviser fined £14k for offshore bond failings

AUTHOR(S)
Stodell, Hannah
PUB. DATE
September 2009
SOURCE
Money Marketing;9/17/2009, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the 14 thousand pounds fine demanded by the Financial Services Authority (FSA) to the firm Henry Neil Ltd. (HNL) for failing to demonstrate its advice on offshore investment bonds in Great Britain. The FSA criticized that HNL lacks sufficient clear information for customers to make an informed decision. According to FSA director of enforcement Margaret Cole, making an investment product recommendation must ensure complete necessary information for customers.
ACCESSION #
44677994

 

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