FSCS
Tax & Regulation | 14 Jan 15
IFAs lodge appeal against High Court Keydata
An appeal has been lodged by three financial advisory firms to overturn a decision made by the High Court to pay Keydata clients compensation before a legal battle with the Financial Services Compensation Scheme (FSCS) has been resolved.
High Court refuses Keydata complaints review
The High Court has rejected an application for a judicial review to try to stall decisions on Keydata until after a decision by the Financial Services Compensation Scheme (FSCS) has been made.
FSCS recovers £100m from Keydata collapse
The Financial Services Compensation Scheme (FSCS) has recovered £100m so far in compensation for the failing of life settlement firm.
People Moves | 15 Aug 14
chairman named ombudsman in ci
The chairman of a new ombudsman service for financial services in the Channel Islands has been named as David Thomas, a lawyer who was appointed as the UK banking ombudsman in 1997 and subsequently became a principal ombudsman with the UK Financial Ombudsman Service.
United Kingdom | 29 Jul 14
FSCS declares four IFAs in default over
The Financial Services Compensation Scheme (FSCS) has declared four IFA firms in default after they proved unable to compensate an increasing amount of SIPP complaints made against them.