Liberty SIPP declared in default by FSCS
- Tuesday, 26 January 2021
- Articles
Collapsed firm Liberty SIPP has been declared in default by the FSCS after being placed into administration on 27 April last year.
Read more...Editor’s Column: FSCS levy reform can’t come too soon
- Friday, 22 January 2021
- Comment
If I was a Financial Planner I would likely be infuriated by the news today from the Financial Services Compensation Scheme forecasting a levy on regulated firms of over £1bn over the next 12 months, up 30% on the previous year.
Read more...FSCS £1bn levy warning is a ‘scandal’ - PIMFA
- Friday, 22 January 2021
- Articles
Wealth manager trade body PIMFA has attacked the FSCS forecast today of a £1bn compensation levy as a “scandal” which points to regulation failing consumers and firms.
Read more...FSCS levy to soar by a third to top £1bn
- Friday, 22 January 2021
- Articles
The Financial Services Compensation Scheme is forecasting a levy for 2021/22 of £1.04bn, up £339m from the £700m raised the previous year due mainly to soaring numbers of claims.
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