The Financial Services Compensation Scheme (FSCS) will levy an estimated £76m on investment advisers in 2013/4, with failed firm Keydata highlighted as one of the main cases contributing to the overall bill.
The Financial Services Compensation Scheme (FSCS) has paid out £136m in mis-sold payment protection insurance (PPI) claims since 2008, according to latest figures.
The suspended EEA Life Settlements fund has submitted its plans to the Guernsey regulator for restructuring.
The Financial Services Authority (FSA) has said it plans more education of firms and invention to curb market abuse on the ‘front line' of financial services.