FOS confirms max comp to rise to £355,000
- Wednesday, 08 April 2020
- Articles
The Financial Ombudsman Service is to increase its maximum compensation award for 2020/21 to £355,000 per case, a £5,000 increase on 2019.
Read more...PFS backs FCA action to keep lid on fees
- Tuesday, 07 April 2020
- Articles
The Personal Finance Society has welcomed the FCA’s freezing of 2020/21 fees for small firms but warned that the Coronavirus outbreak could force up compensation costs and hit advice firms hard without major reform.
Read more...Editor’s Comment: Time to reform FSCS levy is now
- Friday, 03 April 2020
- Articles
The Coronavirus outbreak has brought many changes with many of us working from home, in all its glorious awkwardness, and adjusting to new and strange work patterns.
Read more...FSCS to accept Berkeley Burke SIPP claims
- Thursday, 02 April 2020
- Articles
The FSCS yesterday (1 April) declared Berkeley Burke SIPP Administration Ltd a failed firm and opened the door to claims that could eventually top £150m.
Read more...