FSCS

The Financial Services Compensation Scheme (FSCS) legal team that helped recover some of the hundreds of millions of pounds it paid out over the collapse of Keydata from financial advisers has been given an industry award for its efforts.

The Financial Services Compensation Scheme (FSCS) wants to increase protection limits for self-invested personal pension (SIPP) investors following the freedom and choice reforms.

The Financial Conduct Authority (FCA) "remains concerned" over how businesses communicate charges to consumers, and has suggested Nutmeg as an example for investment firms to follow.

Hargreaves Lansdown unveiled plans for a new non-advised service in its latest trading update, but its shares fell as it revealed rising costs including an FSCS levy of £4.6m

The Financial Conduct Authority (FCA) has issued a warning to investors about four firms that are unauthorised clones of legitimate businesses.

Firms trying to expand into new business areas are having to wait 85% longer for Financial Conduct Authority (FCA) authorisation than two years ago.

Two ex-directors of failed adviser TailorMade Independent (TMI) - the main distributor of £400m troubled unregulated property scheme Harlequin - have been banned and fined by the regulator for not assessing the suitability of clients' investments made...

Shares in wealth management group St James's Place (SJP) rose almost 5% in early trading on Wednesday, after it reported a near-30% rise in profits last year despite a negative contribution from its distribution business.

Access to non-standard asset investing in self-invested personal pensions (SIPPs) could be curtailed by the latest Financial Services Compensation Scheme (FSCS) ruling, which places liability for investment losses on financial advisers, according to Dentons'...

Angry investors are planning legal action against the regulator in a bid to claw back losses they claim its predecessor caused when it branded their traded life settlement investments "toxic".