HSBC is set to claw back thousands of pounds of bonuses from executives after its long term care advice subsidiary was fined for mis-selling bonds to elderly customers.
A former adviser at NHFA has launched a stiff defence of the advice given - and products sold - by most of his ex-colleagues after parent company HSBC was fined £10.5m for mis-selling investment bonds to the elderly.
In this week's Retirement Planner quick fire poll we ask: Should annuity providers be prevented from sending out unsolicited own rate illustrations to clients.
It's been another busy (and in some instances raucous) year in financial services. While it's been a positive 12 months in many respects for advisers, the regulator has again come in for criticism...
In this week's Retirement Planner quick fire poll we ask whether you think the NHFA mis-selling scandal will deter people from making long term care plans.
Back in July, journalists and the care industry alike wondered why HSBC hurriedly closed market leader, Nursing Homes Fees Agency
A former Nursing Home Fees Agency (NHFA) adviser has scoffed at banking giant HSBC's attempts to distance itself from a mis-selling scandal which led to almost 2,500 pensioners being sold unsuitable investment bonds.
In video two of three, NHFA chief executive Nick Tyler discusses long term care.