Arch cru
Regulation
Professional indemnity insurance (PII) experts have questioned the FSA's view that its redress scheme for Arch Cru investors will have no impact upon the future availability of cover for IFAs.
03 May 2012
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Regulation
A law firm has told Arch Cru investors it is unlikely they will end up receiving the entire £110m redress the Financial Services Authority (FSA) is expecting advisers to pay out.
02 May 2012
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Regulation
Less than 2% of Arch Cru investors have so far taken a complaint about the advice they received to the Financial Ombudsman Service (FOS), it has been revealed.
01 May 2012
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Regulation
The Financial Services Authority (FSA) said it will be on the look-out for firms opting to close down their businesses to avoid paying into a redress scheme for Arch Cru investors.
30 April 2012
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Regulation
Advisers may be faced with an extra £33m in Financial Services Compensation Scheme (FSCS) levies as a result of firm failures caused by a proposed £100m FSA Arch Cru redress scheme.
30 April 2012
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Regulation
The vast majority of advisers who risk-rated the Arch Cru funds ranked them as either low, low-to-medium or medium risk investments, FSA figures suggest.
30 April 2012
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Regulation
The Financial Services Authority (FSA) has launched a three-month consultation on establishing a £100m consumer redress scheme for Arch Cru investors, saying it already has evidence of "widespread mis-selling".
30 April 2012
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