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FSCS

Regulation

FSCS pays out £880k in Bentley-Leek claims since April

The Financial Services Compensation Scheme (FSCS) has paid out more than £880,000 to clients who lost money following the collapse of overseas property schemes advised on by former IFA Bentley-Leek.

clock 22 October 2013 •

Your profession

Quick quiz of the week's news #13

QUIZ

clock 11 October 2013 •

Regulation

From 1p to £2m: FSCS reveals extent of Icesave payouts

The Financial Services Compensation Scheme (FSCS) has paid out more than £4.5bn compensating almost 230,000 customers of collapsed Icelandic bank Icesave, it has revealed.

clock 08 October 2013 •

Regulation

IFA pushed into administration over £1.5m Arch Cru liabilities

IFA Willow Financial has been forced into administration over £1.5m in liabilities relating to its Arch Cru advice - but has been bought back by some of its former partners at a knock-down price, and they won't be footing the bill for claims.

clock 07 October 2013 •

Regulation

FSCS claimant remit plans may increase advisers' bills

Advisers' contributions to the Financial Services Compensation Scheme (FCSC) may rise if a Financial Conduct Authority (FCA) proposal to widen the number of eligible claimants in the event of an investment failure is approved.

clock 03 October 2013 •

Regulation

APFA to FCA: Give advisers a break on new rules and 'regulatory dividend'

The Association of Professional Financial Advisers (APFA) has written to the regulator to ask for a period of regulatory certainty to allow advisory firms to adapt fully to the Retail Distribution Review (RDR).

clock 25 September 2013 •

Investment

Major Harlequin adviser calls in liquidators over client redress

Tailormade, which advised on self-invested personal pension (SIPP) transfers into troubled overseas property company Harlequin and was a major distributor of Harlequin investments, is entering liquidation because it can't finance redress payments to clients....

clock 19 September 2013 •

Regulation

FSCS to target firms' TV adverts to spread awareness

The Financial Services Compensation Scheme (FSCS) is in discussions with major financial services firms to display its logo in their TV adverts as part of its awareness campaign.

clock 11 September 2013 •

Investment

FSCS to use recoveries to boost payout to Lifemark investors

The Financial Services Compensation Scheme (FSCS) will this week begin making extra payments to Lifemark investors whose claims exceeded the maximum compensation limit.

clock 11 September 2013 •

Your profession

Quick quiz of the week's news #8

What do you remember from the week's news?

clock 30 August 2013 •
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