FSCS
Alternatives | 21 Jul 21
Are unregulated investments ever a good idea?
Bad news travels fast and folklore can create a general mistrust of the industry
UK regulator to review FSCS compensation payouts
As it aims to ‘stabilise’ and ‘reduce’ the scale of redress liabilities in the medium to long term
£57m jump in UK lifeboat scheme compensation
It paid redress to clients of 1,131 failed firms, 92 of which went bust in the last financial year
10 UK firms defaulted between April and May 2021
Seven of which provided financial advice and/or life insurance services
FSCS backtracks on UK advice firm failure
After the lifeboat service said investors could be eligible for compensation

