FSCS
FSCS opens to claims as Sipp firm enters administration
It became insolvent based on the potential claims over high-risk investments
How can advice firms stay afloat during covid-19 pandemic?
Many were already under pressure and should trim budgets that are no longer appropriate
Victims crowdfund to sue lifeboat scheme
After FSCS concluded just 1% of LCF bondholders are eligible for compensation so far
PEOPLE MOVES: Quilter, Allianz Partners, Alliance Bernstein
UK-based firm restructures its national advice business, while insurer names APAC chief
UK watchdog proposes 1.6% rise in adviser regulatory fees
But, due to coronavirus, 71% of firms that pay minimum levies will see no change