FSCS

Meteor Asset Management has bought the structured product books of both NDF Administration and Defined Returns Limited.

Loretta Minghella, chief executive of the Financial Services Compensation Scheme (FSCS), has been awarded an OBE in the Queen's 2010 New Year Honours list.

The Financial Services Compensation Scheme (FSCS) has appointed Kate Bartlett director of operations.

The FSA should immediately review its authorisation procedures following news IFAs will need to pick up the tab for Keydata compensation, according to AIFA.

The Financial Services Compensation Scheme (FSCS) expects the number of claims against structured products firms to continue to increase throughout next year, meaning its costs will also rise accordingly.

The FSCS is to start considering compensation claims for Lehman-backed structured products sold by NDFA, Defined Returns Limited and Arc Capital and Income, saying the products may have been mis-sold.

Gilliat Financial Solutions has launched a structured deposit which splits money equally between two fixed term investments.

The Financial Services Compensation Scheme (FSCS) has declared three mortgage and general insurance intermediaries in default, meaning affected customers can now start compensation claims.

The Financial Services Compensation Scheme (FSCS) today declared 15 investment firms in default - eight of which are IFAs.

The Financial Services Compensation Scheme (FSCS) is looking for a creative agency to develop an awareness-raising campaign.