Chase de Vere

Financial Services Compensation Scheme (FSCS) chief executive Mark Neale has said the service "hopes" to be able to publish a full account of what it has clawed back from firms who mis-sold Keydata products next year.

National IFA Chase de Vere has teamed up with a newly launched building society to become the sole adviser to its clients.

National IFA Chase de Vere managed to claw its way back towards the black last year, but has been forced to set aside millions to deal with complaints from unhappy clients.

The Financial Ombudsman Service (FOS) has ruled advisers could not reasonably have known Lehman Brothers was in financial turmoil when they recommended clients invest in structured products to which it was counterparty, in a trio of rulings.

National advice firm Chase de Vere has reached a settlement with the Financial Services Compensation Scheme (FSCS) for an undisclosed sum to deal with claims of poor advice in relation to its sale of Keydata products.

Have firms done enough to comply with FCA rules?

Is focused advice a viable option?

IFA firm Chase de Vere has increased its hourly adviser fee to £250 after completing an annual review into its pricing structure.

Chase de Vere is poised to restructure its corporate advice arm but said that side of the business will remain a core part of the firm.

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