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FSCS

Investment

FSCS pays out £26.8m over Arch Cru and Keydata

The Financial Services Compensation Scheme (FSCS) has revealed it has paid out £25m in compensation to investors in Arch Cru and £1.8m over Keydata this financial year.

clock 04 July 2013 •

Regulation

APFA: New FSCS compensation scheme 'distorted'

The Association of Professional Financial Advisers (APFA) has today warned that the proposed new way of calculating compensation costs by the Financial Services Compensation Scheme (FSCS) could make levies more volatile and leave firms out of pocket....

clock 04 July 2013 •

Regulation

FSCS's new funding proposal would add millions to advisers levy

Advisers could face a higher levy from the Financial Services Compensation Scheme (FSCS) under proposals for a new funding model.

clock 04 July 2013 •

Regulation

FSCS reviews position on Rockingham advice claims

The Financial Services Compensation Scheme (FSCS) is reviewing its decision to reject claims from investors who lost money in troubled life settlement fund ARM on the advice of now-defunct IFA Rockingham Independent.

clock 24 June 2013 •

Regulation

FSCS to review claims process after appeals court advice ruling

The Financial Services Compensation Scheme (FSCS) is to consider the implications for its claims process of a decision to reject its appeal against a High Court judgement which determined it failed to properly compensate an investor who lost money in...

clock 19 June 2013 •

Economics / Markets

A third of investors unfamiliar with FSCS - research

One third of active UK investors are unfamiliar with the Financial Services Compensation Scheme (FSCS) despite a multi-million pound campaign to raise awareness of it, according to research.

clock 19 June 2013 •

Regulation

FSCS declares 13 firms in default

The Financial Services Compensation Scheme (FSCS) has declared 13 financial advice firms in default and invited customers to come forward with their claims.

clock 12 June 2013 •

Regulation

FSCS pays out £550k to Honister claimants

The Financial Services Compensation Scheme (FSCS)has paid out £550,000 to date to investors affected by the collapse of Honister Capital.

clock 12 June 2013 •

Regulation

Charles Stanley laments 'unfair' FSCS after £1.9m bill

Charles Stanley has raised its final dividend by 4.4% after reporting an 8% increase in adjusted pre-tax profit for 2012-13.

clock 11 June 2013 •

Regulation

FSCS to help failed Carleton credit union customers

The Financial Services Compensation Scheme (FSCS) is looking into whether it can help customers affected by the shut-down of Carleton Credit Union Limited in Portadown.

clock 06 June 2013 •
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