The Financial Services Compensation Scheme (FSCS) has begun processing about 150 individual claims related to advice to invest in tax 'mitigation' schemes after being given the green light by lawyers.
The organisation said it had been receiving claims in relation to advice to invest in 80 different tax schemes, including film partnerships and environmental plans, by 'authorised financial advisers'....
Residence Nil Rate Band
Also applies retrospectively to 31 Jan
Buyers can save up to £15,000
'It may take a while to square this circle'
Lack of awareness
Systems, controls, governance and culture
'Bargain hunters' return to the market
Predicts two lost years of UK growth
'We will take decisive action and we will withdraw capital'