FSCS levy forecast to soar to £415m next year
- Thursday, 09 November 2023
- Articles
The total levy to pay for the cost of the Financial Services Compensation Scheme is set to soar by £145m from £270m this year to £415m in 2024/25.
Read more...FSCS pays out £9.7m on failed pension transfer adviser
- Monday, 30 October 2023
- Articles
The Financial Services Compensation Scheme has so far paid out just over £9.7m on 234 successful claims against failed firm Portal Financial Services LLP, formerly Portafina LLP (FRN 501272).
Read more...Staffordshire retirement adviser declared as failed
- Monday, 23 October 2023
- Articles
Advice firm Retirement Direct Limited (FRN: 183942) has been declared as failed by the Financial Services Compensation Scheme.
Read more...FSCS warns about risks of pension ‘consolidation’
- Friday, 20 October 2023
- Articles
The FSCS, the government-backed financial safety net scheme, has published a series of case studies to warn consumers about the potential risks of consolidating pensions into one plan.
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