Aussie life insurer clients to receive A$35m in compensation
Customers ‘suffered harm’ after they were sold policies over the phone
Compensation
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£57m jump in UK lifeboat scheme compensation
It paid redress to clients of 1,131 failed firms, 92 of which went bust in the last financial year
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Illegal investment scheme victims urged to come forward
They have two weeks to contact the FCA after it secured compensation orders against the fraudsters
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S African firm to pay £61.9m to cover ‘errors’ at UK arm
It was sold nearly a decade ago but enhanced transfer value liability remains
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Quilter to merge investment management and private client arms
Review of international life business still pending as board not ‘in a position to reach a conclusion’
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UK watchdog refunds £3.42m to investment scheme victims
They were promised unrealistic high returns such as ‘up to 100% of the amount invested’
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Lifeboat scheme steps in as Liberty Sipp defaults
Investigation concludes that FSCS ‘might be able to compensate customers’
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Disbelief as UK lifeboat scheme levy forecast to hit £1bn
As regulators also eye increase to FSCS management budget
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IFS Qatar loses court fight
Victor says ‘our sector should have no place for the individuals who are currently running IFSQ’
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Insurers fail to pay mini-bond victims
As bondholders face losing any redress on £46m investment
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Landmark pension equalisation ruling a ‘headache’ for schemes
DB pension transfers from 1990 onwards may require compensation as a result
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Campaign group launches for Woodford investors seeking redress
#JusticeForWoodfordInvestors comes as law firm prepares to file its case at court