June 17, 2024

HSBC faces £40m bill for mis-selling to elderly in care

This particular scandal unfolded between 2005 & 2010, during which period NHFA (an HSBC subsidiary) sold completely unsuitable investments to 87 per cent of their customers – 2,485 people in total –  in order to fund their care costs. NHFA was the leading supplier of financial advice on products to help pay for long-term care, […]