Physical Gold Respond to Imminent Release of FSA Bank Investment Advice Dossier

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Leading UK gold dealers, Physical Gold, have responded to news from UK financial publication ThisisMoney.co.uk, that the Financial Services Authority are set to publish a devastating dossier regarding banks selling risky investments to customers.

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Investors should consider looking into gold investment to balance their portfolio and hedge against inflation.

The Financial Services Authority are set to publish a dossier accusing banks of gambling customer’s precious nest eggs and sales advisors giving customers poor advice, according to UK financial publication thisismoney.co.uk.

Thisismoney.co.uk reports that banks stand accused of gambling hard earned savings of the vulnerable by selling thousands of customers risky investment plans and sales advisers recommending investments far more risky than the customer should have been offered.

Physical Gold is recommending that investors look into gold investment as a form of saving, to provide a more secure savings plan.

A spokesperson from Physical Gold said:

“Banks have come under a lot of criticism from regulation authorities in recent years, with their practises being highly criticised. It leaves many savers and investors wondering how secure their own bank investments are. Investors should consider looking into gold investment to balance their portfolio and hedge against inflation, gold had continued to do well in recent years and stands as a safer investment than many.”

Physical Gold Ltd is a leading UK gold dealer, helping investors diversify their portfolios with innovative investment solutions. Renowned for their ground breaking products such as the Sipp gold and Gold Accumulation Account, the firm specialise in providing customers with tailored assistance in sourcing the best gold for their personal requirements. Based in London, the team are BNTA accredited and have an unrivalled knowledge of the gold market as well as an exceptional understanding of the general financial markets.

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Dan Fisher
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