FSCS

Intermediaries could face another multi-million pound interim levy after the Financial Services Compensation Scheme (FSCS) warned it may need an extra £40m to meet compensation costs this financial year.

Daniel Cawley, partner of 121 Financial Services, explains why, in his experience, structured deposits suit the majority of clients.

The Financial Services Authority (FSA) will force banks, building societies and credit unions to prominently display information to customers about the Financial Services Compensation Scheme (FSCS).

A change to the way in which financial advisers working within solicitors firms are regulated could force law firms to shut down their financial services businesses, a solicitor said.

Five things the nationals have highlighted over the weekend that your clients will call you about this week.

Ten of this week's best-read stories

The pursuit by the FSCS and FSA of advisers who recommended Keydata products looks set to create a domino effect that will cascade far and wide.

As the Financial Services Compensation Scheme celebrates its tenth anniversary, what have been its successes and failings, and what do advisers make of the organisation?

The British Insurance Brokers' Association (Biba) has called on insurers and regulators to take more responsibility for their products if they want them sold by non-professional brokers.

Leeds-based IFA Lampott Ltd must defend a £2m claim for damages at the High Court, after it invested more than a third of a company pension scheme in failed life settlement firm Keydata.