Compensation

Companies | 31 Mar 22

£71.2m plan to compensate British Steel Pension Scheme victims

343 advice firms will need to fork out a combined £9m to assess transfer suitability

Companies | 21 Mar 22

Financial Ombudsman Service increases compensation limit

As it adjusts awards in line with inflation

Companies | 17 Mar 22

Momentum Pensions clients still in dark over compensation

But firm says they will be given a ‘full and transparent breakdown’

Industry | 16 Feb 22

FCA slammed over handling of mini-bond compensation

Including criticism of its complaints scheme under which redress ‘will never be available’

Companies | 25 Jan 22

Regulatory reprimand for firms seeking to skirt liabilities

FCA particularly concerned about schemes involving consumer redress