'Too early' to know on struc prods compensation-FSCS

An FSCS spokesperson says further down the line claims could be made but it is very early days to know whether this would be possible: “If advisers have advised on a structured product backed by Lehman Brothers, they could potentially get investors to come to us with a claim. "However, there are other issues here. They would have to have a claim against a UK subsidiary of Lehman Brothers authorised in the UK which would have had to be declared in default by us.” The situation regarding compensation on structured products has been of huge concern to advisers over recent days since Lehm...