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FSCS

'Hardened' PII market could thaw under FCA capital redress plans

Regulation

'Hardened' PII market could thaw under FCA capital redress plans

‘Polluter pays’ redress model could improve adviser PPI access

clock 29 November 2023 • 3 min read
FCA proposes 'polluter pays' investment advice redress framework

Regulation

FCA proposes 'polluter pays' investment advice redress framework

Investment advisers that give bad advice to hold capital for redress

clock 29 November 2023 • 3 min read
FSCS declares Birmingham-based British Steel firm failed

Companies

FSCS declares Birmingham-based British Steel firm failed

Birmingham firm DC Financial is no longer trading

clock 13 November 2023 • 1 min read
FSCS pays out £9.5m on 232 claims against failed advice firm

Your profession

FSCS pays out £9.5m on 232 claims against failed advice firm

A total of 187 claims are still in progress

clock 30 October 2023 • 1 min read
FCA bans incompetent IFA Simon Hughes over British Steel advice

Regulation

FCA bans incompetent IFA Simon Hughes over British Steel advice

Hughes to pay FSCS £158,000 but lifeboat fund paid out £8.4m to clients

clock 03 October 2023 • 2 min read
FSCS declares Cardiff-based advice firm in default

Your profession

FSCS declares Cardiff-based advice firm in default

David Craig was officially declared failed on 25 September

clock 26 September 2023 • 1 min read
FSCS declares St Albans-based financial advice firm in default

Your profession

FSCS declares St Albans-based financial advice firm in default

Mike Norris Financial Services officially failed on 22 September

clock 25 September 2023 • 1 min read
FSCS will likely pay out over WealthTek's £81m shortfall

Your profession

FSCS will likely pay out over WealthTek's £81m shortfall

The lifeboat fund says it is likely to meet losses after WealthTek’s collapse

clock 18 September 2023 • 1 min read
FCA orders £155,000 compensation from two British Steel advisers

Companies

FCA orders £155,000 compensation from two British Steel advisers

Keith Dickinson and Andrew Allen are banned from giving pensions advice

clock 13 September 2023 • 1 min read
London Capital & Finance creditors could get back just 10%

Regulation

London Capital & Finance creditors could get back just 10%

Update from administrator Evelyn Partners paints worrying picture

clock 12 September 2023 • 1 min read
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