FSCS opens door to compensation claims on 12 failed firms
- Thursday, 30 April 2020
- Articles
The Financial Services Compensation Scheme has declared 12 failed regulated firms in default during March and will now consider claims for compensation from clients.
Read more...Liberty SIPP goes into administration
- Tuesday, 28 April 2020
- Articles
Liberty SIPP Limited has entered administration, opening the door to FSCS compensation claims for hundreds of clients.
Read more...ABI estimates £900m in Covid-19 business payouts
- Monday, 27 April 2020
- Articles
The total cost of the Coronavirus outbreak to British insurers is likely to total £1.2bn, according to initial estimates by the insurers’ trade body the Association of British Insurers.
Read more...FSCS levy to soar by £87m to £635m in 2020/21
- Thursday, 16 January 2020
- Articles
The Financial Services Compensation Scheme confirmed today that its levy for 2020/21 will soar by £87m to £635m, mainly due to surging SIPP claims.
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