What was the average age of the customers affected by the HSBC mis-selling scandal?
HSBC Fined for Mis-selling to the Elderly

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
70
90
83
65
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary issue with the investment products sold to elderly customers?
They were too expensive.
They matured too late.
They were not regulated.
They were not profitable.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which company was responsible for the mis-selling of investment products to elderly customers?
FSA
NHF
Lloyds
HSBC
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When did HSBC first notice the issues with NHF's sales practices?
2005
2010
2007
2009
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What advice is given to customers to avoid similar financial issues in the future?
Seek advice from independent sources.
Invest only in banks.
Trust financial institutions completely.
Avoid long-term investments.
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