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FSCS

Regulation

Equitable Life - it wasn't meant to be like this

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

clock 23 July 2010 •

Individual Protection

Life and pensions adviser compensation claims fall 26%

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

clock 22 July 2010 •

Your profession

Keydata debacle sparks 500% FSCS claims jump

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.

clock 22 July 2010 •

Your profession

Banks pass buck to FOS over thousands of PPI claims

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.

clock 07 July 2010 •

Your profession

Firms changing advice scope face FSCS exit fee

The FSA says firms should be charged an exit fee by the compensation scheme (FSCS) if they stop advising on certain products.

clock 07 July 2010 •

Regulation

FSCS levies - The key facts

The British Insurance Brokers Association (BIBA) addresses the significant increases in the Financial Services Compensation Scheme (FSCS) levy.

clock 06 July 2010 •

Your profession

FSCS may cut levy after Kaupthing assets ruling

Financial advisers may receive a reduced FSCS levy next year after the Court of Appeal ruled the compensation scheme is entitled to some of the £150m assets of failed Icelandic bank Kaupthing Singer & Friedlander (KSF).

clock 05 July 2010 •

Regulation

BIBA - Increase in cost of regulation threatens brokers

The British Insurance Brokers Association (BIBA) has highlighted "inequality" in the current funding of the Financial Services Compensation Scheme FSCS).

clock 05 July 2010 •

Your profession

FSCS pays out on Lifemark tax claims

The FSCS has paid investors back on tax claims relating to Lifemark ISAs.

clock 21 May 2010 •

Your profession

Hundreds used instalment option to pay £58m Keydata levy

The per-firm impact of the controversial £58m FSCS interim levy has been highlighted by figures showing more than 450 IFAs opted to pay their share in instalments rather than as a lump sum.

clock 19 May 2010 •
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