FSCS

A petition is demanding soon-to-be acting head of the Financial Conduct Authority (FCA) Tracey McDermott enact an independent review of advice firm regulation, after an IFA was forced to pay a 320% increase in his Financial Services Compensation Scheme...

The Financial Services Compensation Scheme (FSCS) legal team that helped recover some of the hundreds of millions of pounds it paid out over the collapse of Keydata from financial advisers has been given an industry award for its efforts.

The Financial Services Compensation Scheme (FSCS) wants to increase protection limits for self-invested personal pension (SIPP) investors following the freedom and choice reforms.

The average compensation payout for a SIPP-related claim against failed IFAs rose almost 50% in 2014-15 against the previous 12 months, prompting a £20m interim levy on life and pensions advisers.

Court delays and slow progress at the Financial Services Compensation Scheme (FSCS) bring mixed news for investors in failed property scheme Arck as they fight for a resolution to their £60m saga.

From Keydata to Reyker: Clients continue to pay the price

Professional adviser body the Personal Finance Society (PFS) has called for the introduction of a product levy to help reduce the regulatory cost for advisers.

The financial regulator may have raised hopes of lower FSCS levies under its latest capital adequacy proposals, but advisers say there is a simpler way...

Five secrets of a professional indemnity insurance broker

Hargreaves Lansdown has attacked the current Financial Services Compensation Scheme (FSCS) levy system as "placing an unfair burden on reputable and blameless firms" as the group anticipates a £4.6m bill.