Mini-bond advertisements, investing for the planet and writing one's will - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
High-risk mini-bond ads: Banned, but still on Google Savers are being lured into high-risk schemes online despite a crackdown on such products at the start of this year, when the Financial Conduct Authority (FCA) banned the marketing of so-called mini-bonds to ordinary savers, The Sunday Times reports. Over the first three days of 2020, the ‘paper found eight websites offering mini-bonds and other high-risk schemes, and paying for their advertisements to appear at the top of Google searches. According to The Sunday Times, the ads were promising returns of between 8% and 55% a year. ...
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