Compensation
£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
Illegal investment scheme victims urged to come forward
They have two weeks to contact the FCA after it secured compensation orders against the fraudsters
S African firm to pay £61.9m to cover ‘errors’ at UK arm
It was sold nearly a decade ago but enhanced transfer value liability remains
Quilter to merge investment management and private client arms
Review of international life business still pending as board not ‘in a position to reach a conclusion’
UK watchdog refunds £3.42m to investment scheme victims
They were promised unrealistic high returns such as ‘up to 100% of the amount invested’