Financial Services Compensation Scheme

More than 90 claims over pensions advice

Up from current limit of £85,00 following PRA announcement

Measures aim to protect consumers and ensure firms meet regulatory obligations

Ahead of Rachel Reeves’ Mansion House speech on 14 November

Wealth manager and stock broking business acquired assets in April

‘Larger failures impacted the number of claims we were able to complete’

Lifeboat fund says it is committed to pursuing best outcomes for customers

IFM ‘poorly advised’ clients to transfer out of DB pension schemes

The Liverpool DFM entered special administration in October 2023

Nearly 1,500 complaints have been made against the SIPP provider