FSCS
Tax & Regulation | 8 Mar 17
UK compensation scheme offers lifeline to Arch Cru investors
Investors in the ill-fated CF Arch Cru Funds have been offered the opportunity to have their claims reviewed and settled now by the Financial Services Compensation Scheme (FSCS), after it was revealed that the funds will not be wound up until December 2018 at the earliest.
Retirement | 7 Feb 17
UK Sipp complaints continue to rise, reveals Ombudsman
Complaints about self-invested personal pension schemes (Sipps) have increased, according to latest figures from the UK’s Financial Ombudsman Service (FOS).
United Kingdom | 26 Jan 17
UK financial compensation scheme issues phishing email alert
The Financial Services Compensation Scheme (FSCS) has warned consumers to be on their guard against an email scam promising a $5.7m (£4.5m, €5.3m) payment to encourage people to provide personal information.
North America | 19 Dec 16
Harlequin Property enters receivership as resort is shut
Harlequin Property SVG, the land-owning unit behind the £400m ($509m, €454m) overseas property scheme facing ruin, has entered interim receivership while its flagship resort has closed after the electricity was disconnected.
Tax & Regulation | 14 Dec 16
UK to make ‘polluters’ pay in FSCS levy shake-up
The UK regulator has proposed changing the financial compensation scheme to make riskier, so-called ‘polluter’ firms pay higher levies.