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FSCS

Regulation

FSCS 'hopes' to provide full account of Keydata recoveries in 2015

Financial Services Compensation Scheme (FSCS) chief executive Mark Neale has said the service "hopes" to be able to publish a full account of what it has clawed back from firms who mis-sold Keydata products next year.

clock 17 July 2014 •

Investment

Breakdown: The five investment distribution models (as the FCA sees it)

The FCA's five-strong range of retail investment distribution models (as it sees it)

clock 14 July 2014 • 3 min read

Your profession

Chase de Vere appointed sole adviser to clients of new building society

National IFA Chase de Vere has teamed up with a newly launched building society to become the sole adviser to its clients.

clock 14 July 2014 • 1 min read

Regulation

Chase de Vere cuts losses; makes £4m UCIS provision

National IFA Chase de Vere managed to claw its way back towards the black last year, but has been forced to set aside millions to deal with complaints from unhappy clients.

clock 08 July 2014 • 2 min read

Regulation

FSCS chief 'concerned' by 15% rise in poor pension advice claims

Financial Services Compensation Scheme (FSCS) chief executive Mark Neale is "increasingly concerned" by the rising number of claims the service is receiving that are linked to advice to move pensions into risky assets held in self invested personal pensions...

clock 08 July 2014 • 4 min read

Regulation

Advisers face £2.5m in FSCS compensation claims for new defaults

The Financial Services Compensation Scheme (FSCS) is facing claims worth around £2.55m for 12 investment and life & pensions firms newly declared in default - which would need to be paid for by investment adviser levypayers.

clock 28 May 2014 •

Regulation

Delay to FSCS Keydata payouts

Further compensation payments to Keydata Lifemark bondholders from the Financial Services Compensation Scheme (FSCS) have been delayed by a month.

clock 30 April 2014 •

Regulation

Two AFH Financial firms on FSCS list of defaults

Two IFA businesses acquired by listed IFA AFH Financial in 2012 have featured on the Financial Services Compensation Scheme's (FSCS) latest list of defaulted firms.

clock 28 April 2014 •

Regulation

Investment advisers hit with additional £7m FSCS levy bill

Most types of financial services firms will pay a lower than expected Financial Services Compensation Scheme (FSCS) levy for 2014-2015 after it cut its bill by £37m, but investment advisers face another hike in costs.

clock 15 April 2014 •

Regulation

FSCS makes further payouts to Keydata claimants

The Financial Services Compensation Scheme (FSCS) has made top-up payments to Keydata investors after it recovered money from the underlying bond Lifemark's trustees.

clock 27 March 2014 •
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