Calls grow for law change to tackle online harm

Wealth management professional trade body PIMFA and the Financial Services Compensation Scheme have joined calls for economic harm to be included in the government’s upcoming Online Safety Bill.


FSCS declares 14 firms in default

The Financial Services Compensation Scheme declared 14 firms, including six financial advisory firms, in default in January and February.


LCF pay-outs top £56m as claims process nears completion

The Financial Services Compensation Scheme reported today that it has paid out just over £56.3m in compensation to 2,878 customers of collapsed mini-bond firm London Capital & Finance (LCF).


Liberty SIPP declared in default by FSCS

Collapsed firm Liberty SIPP has been declared in default by the FSCS after being placed into administration on 27 April last year.

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