London adviser hit with 463 claims is declared in default
- Wednesday, 01 May 2024
- Articles
The Financial Services Compensation scheme has declared City of London-based adviser firm Alexander David Securities Ltd (FRN 469150) in default.
Read more...FSCS declares 12 firms in default in 2 months
- Friday, 26 April 2024
- Articles
The Financial Services Compensation Scheme (FSCS) has declared 12 regulated firms in default in February and March.
Read more...FSCS declares 2 adviser firms as failed
- Friday, 12 April 2024
- Articles
Two more adviser firms have been declared as failed today - increasing the number listed as failed or under investigation by the Financial Services Compensation Scheme this week to seven.
Read more...Average pension transfer compensation slumps to £12,000
- Friday, 12 April 2024
- Articles
New data from actuarial consultancy OAC suggests that pension savers submitting a complaint about pension transfer advice would now receive just £12,000 in compensation, about half the amount they would have received at the beginning of the year and well below the levels of two years ago.
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