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Displaying items by tag: compensation

The Financial Services Compensation Scheme has listed 11 failed advice firms it declared in default in March in a move which will mean some British Steel Pension Transfer clients being compensated.
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SIPP provider and wealth manager Mattioli Woods has welcomed a decision which could pave the way for compensation pay-outs to investors who used a failed SIPP firm.
Published in Articles
Friday, 05 January 2018 11:47

SIPP claims force FSCS to add £23.9m extra levy

SIPP compensation claims above predictions have forced the Financial Services Compensation Scheme (FSCS) to ask financial advisers and providers to chip in an extra levy of £23.9m.
Published in Articles
Wednesday, 13 July 2016 12:26

Sipp-related compensation payments rise by 31%

The average FSCS compensation payments for a Sipp-related claim increased by 31% in the last financial year.
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