Link launches scheme of arrangement for Woodford Equity Income investors
First payment can be expected in early April
FSCS
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Liquidation-hit wealth manager under investigation
UK lifeboat scheme is now accepting claims against the company
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FSCS backtracks on financial planning firm failure
As liabilities may fall onto another company that is still in business
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FCA launches consultation on ‘fair and sustainable’ way to fund FSCS
‘We welcome this new opportunity to think again about how to strengthen the concept of ‘polluter pays’’
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FSCS provides Reyker Securities clients hope over accessing trapped assets
High Court has approved an asset distribution plan for failed wealth manager
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How can advisers survive 140% hikes in regulatory fees?
‘The polluter seldom pays and the burden is lumped upon well-run, low risk firms’
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SJP laments dented profits after ‘frustrating’ FSCS levy hike
Wealth manager had anticipated fees would rise moderately but instead they soared 72%
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UK lifeboat pays out £2.7m to mini-bond victims
Compensation paid to first group of those caught up in mis-selling scandal
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Government faces push back as it passes the buck on FSCS levy
Advisers have been writing to their MPs over lifeboat scheme’s ‘eye-watering’ levies
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Sipp complaints drive up FSCS levy
Lifeboat scheme to raise £87m more in 2020/21
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FSCS declares nine financial firms in default
The FSCS is calling all customers affected to get in touch
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FSCS off the hook for Beaufort compensation
The UK’s Financial Services Compensation Scheme (FSCS) will not have to pay full compensation to clients of collapsed Beaufort Asset Clearing Services after the High Court approved a plan to return client money and assets.