FSCS: Negligent advice protection should be reviewed

The £50,000 limit on FSCS protection for ‘negligent advice’ should be re-examined, the head of the FSCS says.

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Compensation coming as 62 firms declared in default

Sixty-two failed financial firms from across the UK have been declared in default today. Read more...

Compensation to clients of failed adviser firms nearly at £1billion

Compensation to consumers who were clients of failed financial advisory firms has nearly reached £1bn.

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Celebrity campaign to help public cotton on about compensation

The Financial Services Compensation Scheme is pinning its hopes of increasing consumer confidence in the industry on a celebrity led campaign, which has launched today.

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