FSCS

Support service PanaceaIFA has criticised the Financial Services Compensation Scheme (FSCS), after a poll of its members found 97% believe there needs to be more transparency about how the body arrived at its 2012/3 levy.

The Financial Services Authority (FSA) has warned that most crowdfunding schemes should only be targeted at sophisticated investors, amid concerns about their risk and complexity.

The Financial Services Compensation Scheme (FSCS) has raised the spectre of further levies to compensate Bentley-Leek Financial Management customers invested in collapsed property schemes.

ALTERNATIVES

The Financial Services Compensation Scheme (FSCS) has confirmed that it has begun paying out on claims relating to Arch Cru.

CONDENSED

Insurance brokers have raised concerns about Financial Services Authority (FSA) plans to increase their compensation threshold under the Financial Services Compensation Scheme (FSCS).

The former chairman of Tenet Group has criticised the Financial Services Authority (FSA) over its ‘Kafkaesque' behaviour in blocking the company's finance director from obtaining a significant influence function (SIF).

The Financial Services Authority (FSA) has said it remains ‘unconvinced' about the idea of replacing the current Financial Services Compensation Scheme (FSCS) funding model with product levies, despite arguments it could create a fairer system.

The Association of Independent Financial Advisers (AIFA) will challenge a proposed 50% increase in the threshold for the investment intermediation class under the Financial Services Compensation Scheme (FSCS).