FSCS

Panacea Adviser, a free online community for adviser firms, is calling for immediate action to overhaul the way in which the Financial Services Compensation Scheme (FSCS) is funded following yesterday's announcement of a £76m levy on investment intermediaries....

The Financial Services Compensation Scheme (FSCS) could receive an upper limit of 66,700 new claims in 2013/14.

The Financial Services Compensation Scheme (FSCS) will levy an estimated £76m on investment advisers in 2013/4, with failed firm Keydata highlighted as one of the main cases contributing to the overall bill.

The Financial Services Compensation Scheme (FSCS) has paid out £136m in mis-sold payment protection insurance (PPI) claims since 2008, according to latest figures.

The Financial Services Compensation Scheme (FSCS) has declared 13 insurance brokers in default, paving the way for clients to claim compensation.

Some MF Global claimants may be due a top-up compensation payment from the Financial Services Compensation Scheme (FSCS) following a High Court ruling.

The Financial Services Compensation Scheme (FSCS) is levying firms in the fund management and investment intermediation sectors a total of £31m.

The Financial Services Compensation Scheme (FSCS) is proposing to budget more than £7m for expenses related to recoveries in 2013/14, including from advisory businesses who recommended Keydata bonds.

An innovative scheme allows investors to back bright students who are an excellent credit risk and have an exceptionally low default rate.

Providers including banks and insurance companies may be forced to part-fund compensation costs sparked by the failure of intermediaries, after the Financial Services Authority (FSA) re-drafted proposals on funding the Financial Services Compensation...