FSCS declares 45 firms in default during lockdown
- Monday, 09 November 2020
- Articles
The Financial Services Compensation Scheme declared 45 firms in default between May and October, including several Financial Planning, SIPP and wealth management firms.
Read more...11,500 clients of failed wealth firm closer to refunds
- Wednesday, 28 October 2020
- Articles
Around 11,500 former clients of wealth management firm Reyker Securities have been given hope they will soon get at least some of their assets back after FSCS intervention.
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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