FSCS
People Moves | 15 Aug 14
chairman named ombudsman in ci
The chairman of a new ombudsman service for financial services in the Channel Islands has been named as David Thomas, a lawyer who was appointed as the UK banking ombudsman in 1997 and subsequently became a principal ombudsman with the UK Financial Ombudsman Service.
United Kingdom | 29 Jul 14
FSCS declares four IFAs in default over
The Financial Services Compensation Scheme (FSCS) has declared four IFA firms in default after they proved unable to compensate an increasing amount of SIPP complaints made against them.
United Kingdom | 8 Jul 14
FSCS identifies offshore industry as key
The FSCS has identified overseas and cross-border failures as one of the main external risks that have led to its risk management and contingency planning reform.
United Kingdom | 15 Apr 14
fscs annual levy jumps
The FSCS has announced that its total annual levy for 2014/15 will be less than predicted, but financial advisers will face an increase in charges.
uks fscs looking into uk advisory firm
The UK’s Financial Services Compensation Scheme says it is “continuing to investigate” claims against TailorMade Independent, a UK advisory firm, to determine its “involvement in advising its clients to transfer existing pensions into Self Invested Personal Pensions” that were then invested in risky products.