FSCS

Main distributors already triggered £60m payout

Three things clients may call you about this week...

For your reading pleasure...

A film scheme that was ruled to have been used by investors including high-profile celebrities solely to avoid tax plans to take its fight to the highest court in the land.

The Financial Conduct Authority (FCA) has confirmed changes to the amounts of accessible capital investment advisory businesses must hold to absorb potential losses or redress claims.

Spread the happiness

Early day motion calling for minimum two-year fee freeze as adviser costs rise

The Financial Services Compensation Scheme (FSCS) has said it does not expect to raise an interim levy in any sector this year, though CEO Mark Neale said he recognises this will come as "cold comfort" to some advisers.

The FAMR isn't just 'another review', argues Sandringham chief

APFA wants FCA to accept adviser demands