FSCS

National IFA Chase de Vere has teamed up with a newly launched building society to become the sole adviser to its clients.

National IFA Chase de Vere managed to claw its way back towards the black last year, but has been forced to set aside millions to deal with complaints from unhappy clients.

Financial Services Compensation Scheme (FSCS) chief executive Mark Neale is "increasingly concerned" by the rising number of claims the service is receiving that are linked to advice to move pensions into risky assets held in self invested personal pensions...

The Financial Services Compensation Scheme (FSCS) is facing claims worth around £2.55m for 12 investment and life & pensions firms newly declared in default - which would need to be paid for by investment adviser levypayers.

Further compensation payments to Keydata Lifemark bondholders from the Financial Services Compensation Scheme (FSCS) have been delayed by a month.

Two IFA businesses acquired by listed IFA AFH Financial in 2012 have featured on the Financial Services Compensation Scheme's (FSCS) latest list of defaulted firms.

Most types of financial services firms will pay a lower than expected Financial Services Compensation Scheme (FSCS) levy for 2014-2015 after it cut its bill by £37m, but investment advisers face another hike in costs.

The Financial Services Compensation Scheme (FSCS) has made top-up payments to Keydata investors after it recovered money from the underlying bond Lifemark's trustees.

An advisory firm which attempted to spearhead an IFA-led judicial review into the fairness of an Arch Cru compensation offer has been declared in default.

The Financial Services Compensation Scheme's (FSCS) pursuit of IFAs who it alleges mis-sold Keydata products has been delayed after the scheme reached settlement deals with some of the firms' professional indemnity (PI) insurers.