Customers of collapsed WealthTek set for payout
- Monday, 18 September 2023
- Articles
Customers of collapsed Newcastle-based wealth manager WealthTek are likely to have any losses refunded by the Financial Services Compensation Scheme up to the scheme’s £85,000 limit per person.
Read more...£230m redress for Woodford investors moves ahead
- Friday, 08 September 2023
- Articles
Link Fund Solutions Limited (LFSL) says it expects to begin making payments under a £230m redress scheme to Woodford investors in the first quarter of 2024.
Read more...Soaring annuities slash DB transfer compensation
- Tuesday, 29 August 2023
- Articles
People who were ill-advised to transfer out of their DB pension are now likely to be due significantly less compensation, according to actuaries and financial services consultancy OAC.
Read more...Court orders convicted adviser to pay back £562,000
- Tuesday, 01 August 2023
- Articles
The FCA has won a Confiscation Order for £562,636 against former investment adviser and convicted money launderer Richard Faithfull.
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