Nationals round-up: ETFs came under the microscope following the UBS scandal, while downturn-beating funds, retirement income and Halifax's savings accounts also featured.
ETFs The recent UBS rogue trading scandal was linked to exchange traded funds (ETFs), so it was no surprise to see they came under scrutiny in the Guardian. One of the experts cited by the paper is "convinced ETFs have been mis-sold to the retail market". It also speculated that, should a UK bank with a big retail arm be affected in the future, the taxpayer will once again have to pick up the tab for any gambling. Retirement income There was yet more bad news for anyone getting ready for retirement with a report on how the rising cost of day-to-day bills will swallow up many peop...
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