The Financial Conduct Authority (FCA) has written to advisers asking them why they failed to comply to its redress scheme rules in reporting back on the number of eligible Arch Cru claimants they had on their books.
The Financial Services Compensation Scheme (FSCS) has so far compensated 1,700 claimants with a total of £32m in relation to the failed CF Arch Cru funds.
The Financial Services Compensation Scheme (FSCS) said it is continuing to receive claims in respect of the CF Arch Cru funds, and has put the likelihood of a further interim levy for 2013-14 as ‘medium'.
The Financial Services Compensation Scheme (FSCS) has begun paying redress to clients of stockbroker Fyshe Horton Finney (FHF), which entered special administration earlier this year.
The Financial Services Compensation Scheme (FSCS) has hired Sherlock Holmes actor Benedict Cumberbatch to voice over its new consumer awareness campaign, which will cost the industry £3m.
The Financial Services Compensation Scheme (FSCS) has confirmed it is reviewing evidence in the case against IFA Rockingham Independent Limited, after it has received new evidence from claimants in support of their case.
Financial advisers could wind up paying more towards the Financial Services Compensation Scheme (FSCS) unless it re-thinks proposals designed to reduce the volatility in the amount firms pay, the Association of Professional Financial Advisers (APFA) has...
The Financial Services Compensation Scheme (FSCS) is to compensate savers affected by the collapse of Birmingham-based credit union CommuniSave.
The Financial Services Compensation Scheme (FSCS) has declared a further 14 advisory businesses in default.