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Spectre of £400m compensation bill looms as FSCS values Harlequin at nil

Professional Adviser | 02 Mar 2015 | 11:43 | Investment

Financial advisers could be on the hook for hundreds of millions of pounds after the latest twist in the Harlequin saga in which the Financial Services Compensation Scheme (FSCS) has written down the value of the investment to nil.

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