UK financial advice firm fails
Lifeboat scheme is now accepting claims against the company
FSCS
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IFA company goes into liquidation
It also served as an Isa manager
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Small victory for mini-bond victims
As UK court greenlights legal action against lifeboat scheme
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Compensation hits £20m for mini-bond victims
But assessment process likely to go on until the end of 2020
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British Steel adviser firm fails
UK lifeboat scheme is now accepting claims against the company
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UK financial advice firm fails
Lifeboat service has received ‘around 100 claims for compensation’
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£13.5m in compensation paid to mini-bond victims
UK lifeboat scheme has issued 844 decisions, but there are lots more to go
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PEOPLE MOVES: Rowan Dartington, HSBC Private Banking, FSCS
SJP subsidiary names chief investment officer, while private bank bolsters Apac operation
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SJP hit with 72% jump in lifeboat scheme levy
As it holds back dividend payments by a third
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Advice firm sees 140% increase in regulatory fees
Industry needs to brace itself because ‘the prospect of any change soon is extremely unlikely’
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UK lifeboat scheme gives 18,000 investors access to money
After a collapsed wealth firm’s client book was transferred to a nominated broker
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FSCS forks out £282m in advice and life compensation
Redress paid to investors in 2019-20 increased by over 36%, with Sipps leading the way