FSCS declares 10 financial firms in default 

The Financial Services Compensation Scheme has declared 10 financial firms in default in April and May, including several financial advisers.

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Editor’s Column: Phoenixes need to be shot down

 

Whenever I hear of a new regulatory initiative designed to crack down on rogues or bad practice I always resist the temptation to cheer straightaway.

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FSCS adds 2 advisers to list of failed firms

The FSCS has added Knight Wealth Management Services and IFA Home Counties to its list of failed firms this morning.

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FSCS welcomes clampdown on adviser phoenixing

The Financial Services Compensation Scheme (FSCS) has welcomed the Financial Conduct Authority (FCA) consultation paper tackling phoenixing saying it will help “keep bad actors out of the market”.

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