FSCS
Structured Products
Clive Moore, managing director of IDAD, says advisers are set to benefit from a revolution in the structured product market.
25 February 2010
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Your profession
A law firm challenging the FSCS's additional levy for the failures of Keydata and two stockbrokers says the body made a "schoolboy error" in not consulting advisers and warns a successful review will cause "havoc".
23 February 2010
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Your profession
The cost of compensating Keydata victims is likely to hit £440 for the ‘typical' adviser firm in the appropriate sub-class, according to AIFA calculations.
23 February 2010
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Regulation
Lifemark, the life settlement vehicle embroiled in the collapse of Keydata, has been given a further six months to restructure.
16 February 2010
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Regulation
The British Insurance Brokers' Association (BIBA) has hit out at the industry's regulators for imposing what it calls ‘disproportionate' fee hikes and one-off levies on its members.
16 February 2010
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Protection
General insurance brokers could be hit with a £20m bill from the Financial Services Compensation Scheme (FSCS) and a further £40m hike next year as the fallout from payment protection insurance (PPI) continues.
12 February 2010
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Regulation
The FSCS plans to hit IFAs with a proposed levy of £70m before the end of March.
12 February 2010
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Your profession
The Financial Services Compensation Scheme (FSCS) has appointed former director general of the Treasury Mark Neale as chief executive officer.
29 January 2010
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Structured Products
Arc Capital & Income's administrator has received an FSA waiver which will allow client funds to be distributed.
15 January 2010
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Economics / Markets
Money raised through the Landsbanki wind-up will cover 100% of Icesave compensation costs to the UK only if the Government avoids a firesale, says the Treasury.
12 January 2010
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