FSCS

The Financial Services Compensation Scheme (FSCS) has said its investigation into the viability of investor claims against major Harlequin distributor TailorMade Independent is ongoing.

The Financial Services Compensation Scheme (FSCS) will start inviting claims against Catalyst Investment group from investors in the ARM Asset Backed Securities life settlements fund by the end of March.

The Financial Conduct Authority (FCA) has banned a former adviser to SLS Capital - the company whose bonds underpinned the failed Keydata investments - for giving the misleading impression that the SLS bonds were soundly backed assets.

The Financial Services Compensation Scheme (FSCS) has said it no longer expects to raise an interim levy on investment advisers for the 2013/14 period.

St James's Place's (SJP) distribution business tumbled into the red last year, which the firm said was due to the cost of hiring more advisers, and a £5.5m Financial Services Compensation Scheme (FSCS) levy.

The chief executive of the Financial Services Compensation Scheme (FSCS) Mark Neale has defended his organisation's multi-million pound spend on marketing, saying it will help protect the industry from detrimental consumer behaviour.

The Association of Professional Financial Advisers (APFA) has asked for the Money Advice Service (MAS) to evaluate its effectiveness in changing consumer behaviour and to publish its findings within one year.

The Financial Services Compensation Scheme (FSCS) has put a £360,000 - £540,000 contract to tender, which will cover the scheme's external PR activity over the coming two years.

IFA Willow Financial, which was pushed into administration by Arch Cru compensation claims, has been named among 20 firms declared in default by the Financial Services Compensation Scheme (FSCS).

The Financial Services Compensation Scheme (FSCS) is to pay out £100,000 to around 400 savers after a Kent-based credit union collapsed.