FSCS

The Financial Services Compensation Scheme (FSCS) will increase the claims limit for investors to €100,000 from January 2011.

Lawyers representing Norwich & Peterborough (N&P) customers sold Keydata products have written to CEO Matthew Bullock accusing him of seeking "special treatment" over compensation claims which could hit thousands of IFAs.

The FSCS has moved to deny 'inaccurate' press reports it plans to cut the compensation cover for investments from the current £50,000.

People who need financial advice don't often seek it but, as IFA Angela Wise of WH Ireland explains, there are ways to get the message across.

The Financial Services Compensation Scheme (FSCS) could be forced to pay out to hundreds of investors who lost money in Keydata, not just through ISAs, in light of evidence directors knew as early as 2005 their promotional literature was "misleading"...

The Treasury is proposing setting up separate compensation schemes and ending the current cross-subsidy between different classes of FSCS levy payers.

The coalition government will not bring a speedier resolution for Equitable policyholders

Claims against life and pensions intermediaries fell by a quarter last year according to the Financial Services Compensation Scheme (FSCS).

The Financial Services Compensation Scheme (FSCS) received almost 20,000 extra investment claims in 2009/10, mostly as a result of the collapse of Keydata Investment Services.

Banks are forcing victims of payment protection insurance (PPI) mis-selling to take their claim to the Financial Ombudsman Service (FOS), when they could resolve the disputes immediately.