Investment intermediaries see FSCS levy increase to £78m for 2013/14

The investment intermediary sector will be the only sub-class to see an increase in its Financial Service Compensation Scheme levy. Read more...

MF Global joint administrators announce $1.4bn settlement

International law firm Weil, Gotshal & Manges LLP has announced a $1.4 billion (about £875,000) global settlement agreement has been reached for the liquidation of fund manager MF Global Inc. Read more...

KPMG to return £54m to MF Global customers

KPMG, special administrators of MF Global UK, won approval in the High Court yesterday for the first distribution plan to return £54m in client assets. Read more...

FSCS increases total annual levy to £265m

The investment intermediary sector is in line for more payments to the Financial Services Compensation Scheme after it increased its annual levy to £265m.

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