redress

FCA scraps plans for investment adviser redress

The FCA has scrapped plans to compel investment advisers to set aside funds in advance to compensate investors if bad advice is given.
PIMFA calls for FOS shake-up

Wealth management trade body PIMFA has urged the FCA to reconsider the role of the Financial Ombudsman Service (FOS) and to explore consolidating the regulatory regime for claims management companies (CMCs).
PPI redress totals almost £2bn in 2011, says FSA
PPI causes financial services redress to more than double to £2bn
FCA examines how to improve redress letters to consumers
FCA revises pension transfer redress guidance
FCA confirms DB transfer redress guidance review
FCA warns of unsolicited BSPS approaches
15 firms warned about targeting BSPS victims
Woodford investors to vote on redress proposals
FCA censures 3 firms for misleading BSPS offers
£230m redress for Woodford investors moves ahead
FCA warns firms on selling client banks

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