FSCS

‘How can a small business sustain this financial abuse?'

The Financial Services Compensation Scheme (FSCS) could face paying out tens of millions of pounds linked to claims of bad advice to invest in film and property schemes, as an advice firm teeters on the brink of default.

The chief executive of the Financial Services Compensation Scheme (FSCS) has renewed his call to policy makers to extend financial protection to the total value of peoples' retirement savings.

Carbon credit adviser Archer Bramley has been named as one of 28 investment and pensions firms declared in default by the Financial Services Compensation Scheme (FSCS) between May and August.

Guardian SIPP is in talks to allow investors trapped in troubled investments to buy their way out of paying mounting administration fees, and to have direct access to any money clawed back from the firms deemed liable for their losses.

Troubled overseas property group Harlequin is encouraging investors to use compensation payouts to reinvest in its scheme - at the same time as it fights a settlement deal it reached with unhappy investors last year.

The Financial Services Compensation Scheme (FSCS) has determined that financial advisers are liable for investors' losses in £60m property investment scheme Arck and has begun inviting claims.

The Financial Services Compensation Scheme (FSCS) has said the 150 claims it is investigating against poor advice to invest in apparently tax efficient schemes relate to business written in the decade from 2000.

The Financial Services Compensation Scheme (FSCS) has begun processing about 150 individual claims related to advice to invest in tax 'mitigation' schemes after being given the green light by lawyers.

Advisers should 'stop carping' about FSCS levy bills