FSCS probes Cheshire and Huddersfield failed firms
- Tuesday, 05 December 2023
- Articles
Financial advice firms Holborn Assets Ltd (FRN 648817) and BSPS-linked Inspirational Financial Management Ltd (FRN223511) are both under investigation by the FSCS after going into administration in recent weeks.
Read more...Staffs-based adviser fails with SIPPs claims
- Monday, 04 December 2023
- Articles
Staffordshire-based pensions adviser Quadros Financial Solutions Ltd (FRN: 764760) has been declared as failed by the Financial Services Compensation Scheme.
Read more...Editor’s Comment: The true cost of bad advice
- Friday, 01 December 2023
- Articles
The true cost of bad advice, and more importantly what it’s going to cost, moved into the spotlight this week with the FCA’s headline-making proposals to compel most financial advice firms, some 5,000, to set aside reserves for the cost of bad advice.
Read more...Advisers face setting aside up to 28% of liabilities - FCA
- Wednesday, 29 November 2023
- Articles
Proposals from the FCA would require investment advisers to set aside a minimum of 28% of potential liabilities in advance to compensate investors if bad advice is given.
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