Square Mile Securities Limited has been declared 'in default', leaving other adviser firms to stump up the cash to pay for compensation claims.
The Financial Services Compensation Scheme (FSCS) says the firm is unlikely to be able to pay the costs of compensation, estimated at up to £15m. However, those firms in the investment intermediaries...
Taking the time to look
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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