LCF pay-outs reach £38.1m as claims process drags on
- Thursday, 22 October 2020
- Articles
The Financial Services Compensation Scheme has paid out just over £38.1m in compensation to LCF customers, a substantial increase from the £20m paid out by August when the body increased the team allocated to the case by nearly 80%.
Read more...Regulators warn advisers about SIPP property probe
- Friday, 09 October 2020
- Articles
The Financial Conduct Authority, the Financial Services Compensation Scheme and the Financial Ombudsman Service have warned Financial Planners to take action on any SIPP or SSAS investments in the German Property Group.
Read more...45% of adviser firms report doubling of FSCS levy
- Monday, 05 October 2020
- Articles
Some 45% of PIMFA member firms have reported increases in their FSCS levy bill of more than 100% in the last five years, a survey for the wealth manager trade body has revealed.
Read more...FSCS: consumers must ask more questions
- Friday, 18 September 2020
- Articles
The Financial Services Compensation Scheme has launched a campaign to encourage more savers to ask financial advisers and providers more questions about how their money is protected.
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