Displaying items by tag: FSCS
FSCS set to shut £115m LCF compensation scheme
The FSCS is to close its compensation scheme for victims of the failed £237m mini-bond provider London Capital & Finance (LCF).
SIPP adviser which used 38 names under investigation
Better Retirement Group Ltd, a pension adviser which has used nearly 40 trading names including SIPP Club, has today been placed under investigation by the Financial Services Compensation Scheme.
FSCS declares 2 advice firms as failed
Two advice firms have been declared failed by the Financial Services Compensation Scheme this week, including a Financial Planning firm which has 25 pension transfer claims against it, including BSPS cases.
FSCS deals with nearly 3,000 Rowanmoor complaints
The FSCS has received nearly 3,000 claims against 116 advice firms involved in recommending pension products from failed SIPP firm Rowanmoor.
FSCS begins probe after Rowanmoor SIPP arm fails
Pensions broker defaults with SIPP and investment claims
Pensions broker Daniel Stewart & Company plc has been declared in default by the Financial Services Compensation Scheme (FSCS), opening the door for investors to claim compensation.
2 advice firms default after 88 pension transfer claims
The Financial Services Compensation Scheme has declared two advice firms in default with over 88 pension transfer claims between them.
FSCS probes SIPP links to pension transfer firm
The FSCS has joined forces with the FCA and Financial Ombudsman Service to investigate a Telford-based pension transfer adviser with links to a Portuguese expat specialist company.
FSCS investigates SIPP transfer firm
The Financial Services Compensation scheme is investigating Wellington Court Financial Services Ltd over the transfer of client pensions into a SIPP.
FSCS calls for increase to pension compensation limit
The Financial Services Compensation Scheme (FSCS) has called for the £85,000 compensation limit to be reviewed for pension claims.