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FCA takes on 125 staff to cut authorisations backlog
The Financial Conduct Authority has recruited 125 new staff to tackle a growing backlog in firm and individual authorisations.
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SIPP adviser fails after 10 claims and £2m fine
A SIPP adviser has been declared as failed by the Financial Services Compensation Scheme after being hit with 10 claims and a £2m FCA fine.
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Seccl launches digital-only paperless SIPP
The Octopus-owned platform and white label provider Seccl has launched a new ‘low cost’ online-only SIPP which it says cuts out paper.
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Nucleus hires former Interactive Investor chair
Former Interactive Investor chairman Gordon Wilson has been appointed the new chairman of adviser platform Nucleus to replace Mark Dearsley.
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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).
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