Tag: Financial Services Compensation Scheme
What Is a Retail Bond and Is It Suitable For Me?
With traditional savings accounts continuing to offer paltry interest rates, people are increasingly looking for other ways to get a better return on their money. Investment opportunities such as retail bonds are becoming more commonplace. But what are they and who are they suitable for? From Institutions to Individuals Bond launches have traditionally been reserved […]
The WorldSpreads Collapse: the Moral of the Story
Shortly after midday on March 16 of this year, trading in shares of the once widely respected financial spread betting company, WorldSpreads, was suspended. The company collapsed, being unable to pay £14 million of debt to its 15,000 customers. “Accounting irregularities” had been discovered, which are the result of either negligence or fraud. It was […]
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