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FSCS

Investment

Ford brokers £91m Lifemark loan; claims 100% investor and FSCS return

Keydata founder Stewart Ford has put together a £91m loan facility offer for Lifemark, which, if accepted, he claims would repay the Financial Services Compensation Scheme and investors in full.

clock 17 August 2011 •

Offshore Investment

Will Cyprus be next to seek a bailout?

It may be a small sovereign state compared with Italy and Spain, but fears that Cyprus may be the next EU member state to seek a bailout show no signs of diminishing.

clock 10 August 2011 •

Structured Products

Time to scrap 'structured products' tag?

Investec Structured Products' head of intermediary sales Gary Dale calls for more clarity for advisers and their clients over just what they are buying

clock 10 August 2011 •

Regulation

Banks' FSCS levy upped by £7.3m

The Financial Services Compensation Scheme (FSCS) levy will increase by £7.3m next year to meet the cost of the collapse of Southsea Mortgage and Investment Company, but only banks are likely to be affected by the rise.

clock 26 July 2011 •

Investment

FSA warns over unauthorised firms

The FSA has alerted consumers to a host of unauthorised firms, some of which may be targeting UK consumers.

clock 26 July 2011 •

Regulation

FSA on trial: Keydata's Ford claims regulator broke legal privilege

Keydata founder Stewart Ford has embarked on the first stage of his legal case against the FSA, accusing the regulator of breaching his right to legal privilege in building their case against him.

clock 21 July 2011 •

Investment

FSCS probes IFA liability on Arch cru advice

The Financial Services Compensation Scheme (FSCS) is investigating whether investors have the right to claim compensation against closed IFAs who advised on the CF Arch cru Investment and Diversified funds.

clock 20 July 2011 •

Regulation

A2O FSCS claims avalanche begins with £2m payout

The Financial Services Compensation Scheme (FSCS) has already paid out nearly £2m in compensation to clients of the collapsed IFA network Alpha to Omega, and is looking into another 300 claims.

clock 13 July 2011 •

Regulation

Govt refuses to fast-track FSCS funding probe

The government has rejected calls to prioritise a review of Financial Services Compensation Scheme (FSCS) funding.

clock 12 July 2011 •

uncategorised

Hornbuckle Mitchell passes £280k FSCS levy to investors

SIPP provider Hornbuckle Mitchell has passed its £279,667 Financial Services Compensation Scheme (FSCS) interim levy on to investors, its accounts reveal.

clock 07 July 2011 •
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