FSCS
Your profession
The FSA says firms should be charged an exit fee by the compensation scheme (FSCS) if they stop advising on certain products.
07 July 2010
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Regulation
The British Insurance Brokers Association (BIBA) addresses the significant increases in the Financial Services Compensation Scheme (FSCS) levy.
06 July 2010
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Your profession
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).
05 July 2010
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Regulation
The British Insurance Brokers Association (BIBA) has highlighted "inequality" in the current funding of the Financial Services Compensation Scheme FSCS).
05 July 2010
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Your profession
The FSCS has paid investors back on tax claims relating to Lifemark ISAs.
21 May 2010
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Your profession
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.
19 May 2010
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Investment
AIFA is reassuring members it has not given up the fight to ensure intermediaries do not foot the £58m compensation bill to cover the failure of investment ‘provider' Keydata, following veiled criticisms about its apparent inaction.
13 May 2010
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Regulation
An IFA is taking the FSA to task over the costs of regulation after calculating the percentage of his firm's hourly rate that goes to the FSA.
13 May 2010
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Your profession
A proposal enabling the FSCS to act "on behalf" of other compensation schemes anywhere in the world could lead to higher levy costs for UK financial advisers.
26 April 2010
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Your profession
Positive Solutions has been forced to pay out more than £1m to cover compensation costs relating to a number of investment failures last year.
20 April 2010
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