FSCS
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.
hk moves closer to insurance safety net
Hong Kong has moved closer to implementing a scheme that would compensate holders of insurance policies in the event that their insurer were to become insolvent.
United Kingdom | 27 Jun 11
AIFA tells firms not to rule out passporting to avoid RDR
AIFA has told IFAs not to rule out passporting their business into the UK from another EU state.