FSCS pays out £550k to Honister claimants

Carmen Reichman
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The Financial Services Compensation Scheme (FSCS)has paid out £550,000 to date to investors affected by the collapse of Honister Capital.

The scheme said it has received 300 claims so far in relation to the default of the IFA and its networks Sage Financial, Honister Partners and Burns Anderson last month, of which 150 were settled. FSCS...

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