compensation

Consumers who fall into the Financial Services Compensation Scheme could receive a maximum potential compensation of £48,000 should a mortgage or insurance intermediary firm collapse - the same as a claim for an investment firm.

Treasury Secretary Ruth Kelly MP today received a rather tame grilling by the members of the Treasury Select Committee, as she was accused not only of trying to shift the blame for the Equitable Life debacle to someone else but for also suggesting the...

The FSA's decision to give two weeks' grace period to providers of split capital investment trusts will be scant consolation to the individuals it identifies as having mis-sold products to consumers, according to the view of Daniel Godfrey, director general...