FSCS receives information to progress with Tenet claims

Expects to open online portal in early 2025

Isabel Baxter
clock • 2 min read

The Financial Services Compensation Scheme (FSCS) has now gathered the information needed from TenetConnect’s joint administrators - Interpath - to progress with claims.

In an update posted today (19 December), the lifeboat fund said it expects to open its online portal in early 2025 to accept individual Tenet claims. It plans to start the assessment process by first reviewing a small sample of claims that will help inform its longer-term approach. As part of this approach, the FSCS will temporarily close its online portal for Tenet claims if it has received enough claims to support its sample review. "If we close the portal and you were planning to submit a claim, don't worry – the claims portal will reopen again at a later date," the FSCS said. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Titan Wealth secures IWP deal

Titan Wealth secures IWP deal

Brings Titan Wealth’s AUM to approximately £35bn

Isabel Baxter
clock 18 December 2024 • 2 min read
Surrey advice firm declared failed by FSCS over pensions advice

Surrey advice firm declared failed by FSCS over pensions advice

One upheld claim led to Bourne House’s default

Isabel Baxter
clock 17 December 2024 • 1 min read
Quilter Cheviot CEO: DFM and advice merger 'puts final bit together'

Quilter Cheviot CEO: DFM and advice merger 'puts final bit together'

‘We tried as sister companies, but it hasn't got us all the way there’

Isabel Baxter
clock 16 December 2024 • 4 min read