The Financial Services Compensation Scheme (FSCS) said it expects the number of advisory businesses declared in default as a result of its investigations into self-invested personal pension (SIPP) advice to rise above the current four.
The Financial Services Compensation Scheme's (FSCS) case against advisers who sold Keydata products has been further delayed as the judge considers whether to include firms with less in claims against them than previously required.
What's behind the spike in compensation claims handled by FSCS?
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.
The FCA's five-strong range of retail investment distribution models (as it sees it)
National IFA Chase de Vere has teamed up with a newly launched building society to become the sole adviser to its clients.
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.
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...
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.
Further compensation payments to Keydata Lifemark bondholders from the Financial Services Compensation Scheme (FSCS) have been delayed by a month.