Stockbroker and investment managemer Charles Stanley has hit out at the Financial Services Compensation Scheme (FSCS) and called for a different levying system after being hit with a £2.6m bill to compensate Keydata customers.
The outburst came as the firm announced a 2010/11 pre-tax profit of £17.7m, up 29.2% from 2009/10. "The FSCS...
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