Bank customers need more protection against bad investment advice
Mis-selling by the banks is likely to continue, despite the City regulator’s latest initiative to clamp down on poor advice Barclays ‘s £7.7m fine and potential £59m compensation bill, announced last week , for selling inappropriate products to more than 12,000 customers is just the latest in a long line of mis-selling scandals involving high street banks. Structured products, personal pensions …
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