Consumers and advisors should be wary of any investment product offering the sort of high returns com...
Consumers and advisors should be wary of any investment product offering the sort of high returns commonly available in the 1980's and early 1990's warns the Financial Services Authority. A report published today by the FSA says such high return products can mean unsuitable levels of risk that overly jeopardise consumers' capital. The FSA bases its findings around the UK's low rate of inflation, which during the 1990s fell to rates last seen in the 1960s. Furthermore it is likely to remain around the Government's target rate of 2.5% for the foreseeable future. The FSA argues...
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