Industry hit with £540m in FCA penalties in 2019
- Friday, 14 February 2020
- Articles
The FCA levied fines and financial penalties amounting to over £540m in 2019, the regulator has revealed.
Read more...PFS urges advisers to lobby MPs over soaring FSCS levy
- Tuesday, 11 February 2020
- Articles
The Personal Finance Society is urging its 40,000 members - hit by a double whammy of soaring Professional Indemnity premiums and escalating Financial Services Compensation Scheme levies - to lobby their local MP for change.
Read more...FSCS levy to soar by £87m to £635m in 2020/21
- Thursday, 16 January 2020
- Articles
The Financial Services Compensation Scheme confirmed today that its levy for 2020/21 will soar by £87m to £635m, mainly due to surging SIPP claims.
Read more...FSCS disappoints nearly 300 LCF investors
- Thursday, 09 January 2020
- Articles
The FSCS said today that it cannot help 283 London Capital & Finance victims because they became customers before the firm was authorised in June 2016.
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