Fixed Rate Bonds
6 December 2011
HSBC hit with record £10.5 million FSA fine
The Financial Services Authority (FSA) has fined HSBC £10.5 million after a subsidiary of the high street bank, NHFA, gave inappropriate advice to elderly investors.
7 September 2011
Pensions protector attacks NS&I bond withdrawal
A consumer champion has attacked National Savings’ decision to withdraw its inflation-linked savings bonds just four months after they were reintroduced.
15 August 2011
L&G launches 6 year structured product
Legal & General has launched its latest structured investment product, targeting a minimum of 13 per cent after six years.
22 July 2011
Post Office offers bond range at 4.2%
Post Office Financial Services has confirmed the rates of its new growth bond range, with rates of up to 4.21 per cent.
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20 February 2012
FSA imposes £1.5 million fine on Santander
The Financial Services Authority (FSA) has hit banking group Santander with a £1.5 million fine for its failure to confirm the circumstances under which its structured products would be covered by the Financial Services Compensation Scheme (FSCS).
26 October 2011
Credit Suisse UK slapped with FSA fine
The Financial Services Authority (FSA) has fined Credit Suisse £5.95 million for failings within its private bank in relation to sales of structured capital at risk products (SCARPs).
19 September 2011
Scottish Widows Group chairman set to leave
Lloyds Banking Group has announced the departure of group finance director Tim Tookey and Scottish Widows Group chairman Lord Leitch.
12 September 2011
Consumer group calls for timetable after ICB banking report
The Independent Commission on Banking (ICB) has called for UK banks to ring-fence their retail banking operations in order to reduce the risk to public finances.
7 September 2011
Pensions protector attacks NS&I bond withdrawal
A consumer champion has attacked National Savings’ decision to withdraw its inflation-linked savings bonds just four months after they were reintroduced.
