FSA concludes review of property investment schemes
Series: FSA Press Release ; (FSA/PN/016/2004 23 February 2004 (2)Publication details: 2004Subject(s): Summary: A review of property investment schemes available to retail investors by the Financial Services Authority (FSA) has concluded that such investment is relatively small, the product literature is quite clear and that much of the risky products are sold to wealthy clients by specialist independent financial advisors. The FSA will be placing more information on its website for consumers who are considering investing in property schemes, particularly limited partnerships. FSA has concluded that no significant regulatory action is required. For the FSA Press Release: http://www.fsa.gov.uk/pubs/press/2004/016.html| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4008-15 (Browse shelf(Opens below)) | 1 | Available | 125220-1001 |
A review of property investment schemes available to retail investors by the Financial Services Authority (FSA) has concluded that such investment is relatively small, the product literature is quite clear and that much of the risky products are sold to wealthy clients by specialist independent financial advisors. The FSA will be placing more information on its website for consumers who are considering investing in property schemes, particularly limited partnerships. FSA has concluded that no significant regulatory action is required. For the FSA Press Release: http://www.fsa.gov.uk/pubs/press/2004/016.html