The Financial Services Compensation Scheme (FSCS) has recovered almost £300m from failed financial firms over the past five years, which it said would reduced the levy burden on the firms that fund the scheme.
In order to reduce the costs of compensation for its levy payers, the FSCS seeks to recover amounts of compensation it has paid out from any party that it considers has a legal responsibility. As part...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions