FSCS
Deja vu as advisers hit with £240m FSCS levy yet again
UK lifeboat scheme ‘expecting to see more complex claims related to pension advice’ in 2022/23
Mini-bond victims to get up to 80% of original investment
‘We finally get to draw a line under this unfortunate experience and get on with our lives’
Dozen UK firms went bust between August and September 2021
Nine were financial advice, pension and insurance services providers
One in five retired Brits fell for a financial scam
As warnings from the regulator skyrocketed by 100% in one year
How does the UK lifeboat service forecast its levy?
Compensation costs, management expenses, recoveries and surpluses/deficits all part of process