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Urgent UK pension warning as £2bn lost - 'don't make this crucial mistake'

The huge losses identified by the FSCS mean the retirement dreams and security of thousands of people have been left in tatters.

United-kingdom , Britain , Martyn-beauchamp , Financial-services-compensation-scheme , Rip-off-britain , Self-invested-personal-pensions , Interim-chief-executive ,

43,000 savers warned £2 billion has been wiped from pension pots

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United-kingdom , Martyn-beauchamp , Jeff-stelling , Financial-services-compensation-scheme , Self-invested-personal-pension , Interim-chief-executive ,

FSCS interim CEO: current failure levels are 'still simply too high'

FSCS interim CEO: current failure levels are 'still simply too high'
ftadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ftadviser.com Daily Mail and Mail on Sunday newspapers.

Martyn-beauchamp , Financial-services-compensation-scheme , Financial-services-compensation ,

Deputy Editor's View: Consumer Duty prompts fee changes

Among the barrage of adviser-focused research hurled at Professional Adviser’s news desk this week, Royal London and The Lang Cat’s study into the real-world impact of Consumer Duty stood out.

Mike-barrett , Martyn-beauchamp , Financial-services-compensation-scheme , Consumer-duty , Lang-cat , Editor-39s-view ,

UK finance firms face $510 million levy to fund 2024/25 compensation claims

Britain's Financial Services Compensation Scheme has forecast imposing a levy of 415 million pounds against UK financial firms to fund 2024/25 claims for redress from customers suffering poor...
-November 09, 2023 at 02:30 am EST
- MarketScreener

Martyn-beauchamp , Simon-jessop , Interim-chief-executive , Reporting-by-sinead-cruise , Markets ,

FSCS warns industry levy set to rise to £415m for 2024/25

The Financial Services Compensation Scheme (FSCS) is set to increase its levy to £415m for the 2024/25 financial year.

Martyn-beauchamp , Fscs , Artyn-beauchamp , Ipp , Scs-levy ,

Advisers may see £40mn FSCS levy increase

Advisers may see £40mn FSCS levy increase
ftadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ftadviser.com Daily Mail and Mail on Sunday newspapers.

United-kingdom , Scotland , Martyn-beauchamp , Royal-bank , Financial-services-compensation-scheme , Caroline-rainbird ,

FSCS set to increase levy to £415m next year

The Financial Services Compensation Scheme (FSCS) is set to increase its levy from £270m to £415m in 2024/25. It said this is primarily due to larger surpluses that were carried over from the 2022/23 financial year which reduced the 2023/24 levy. No additional levy is expected to be charged to firms for the remainder

Martyn-beauchamp , Financial-services-compensation-scheme ,

FSCS keeps broker levy at zero for 2023/24 and projects same into 2024/25

The Financial Services Compensation Scheme has maintained plans to keep general insurance brokers’ contribution to zero this year, and forecast that this will

Martyn-beauchamp , Financial-services-compensation-scheme , Protection-insurance , Financial-services-compensation-scheme-fscs- , Nited-kingdom-uk- , Ayment-protection-insurance-ppi- , Laims , Inancial-compensation-scheme-fscs- , Nsight , Roker , Nsurer ,

FSCS maintains levy at £270m - Mortgage Solutions

FSCS maintains levy at £270m - Mortgage Solutions
mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.

Martyn-beauchamp , Financial-services-compensation-scheme , Green-realisations ,