Displaying items by tag: FSCS
Berkeley Burke SIPP declared in default by FSCS
The Financial Services Compensation Scheme has declared 12 failed firms in default in April - including former major SIPP provider Berkeley Burke.
FSCS set to reject 'large proportion' of LCF claims
The Financial Services Compensation Scheme has warned that it will reject many claims relating to the failed £236m mini-bond firm London Capital & Finance (LCF).
Liberty SIPP calls in administrators
Liberty SIPP Limited has entered administration, opening the door to FSCS compensation claims for hundreds of clients.
FSCS opens door to Berkeley Burke claims
The FSCS yesterday (1 April) declared Berkeley Burke SIPP Administration Ltd a failed firm and opened the door to claims that could eventually top £150m.
GPC SIPP firm declared in default by FSCS
The Financial Services Compensation Scheme (FSCS) has declared 15 failed regulated firms in default during February 2020 including SIPP firm GPC.
Law firm takes FSCS to court over LCF debacle
Law firm Shearman & Sterling has applied for a judicial review into the FSCS’s handling of compensation for victims of the £236m London Capital & Finance mini-bond firm.
FSCS levy up by £87m as SIPP claims soar
Soaring SIPP claims have forced the Financial Services Compensation Scheme to increase its levy for 2020/21 by £87m to £635m.
FSCS warns of £46m extra levy as 500 SIPP claims on the way
The Financial Services Compensation Scheme has warned that there is a ‘high risk’ of a supplementary £46m levy on advisers and providers in the coming due in part to rising pension and SIPP claims.
FSCS receives 733 claims against Berkeley Burke
Expensive claims force SIPP firm into administration
