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Displaying items by tag: claims

The Financial Services Compensation Scheme has warned that there is a ‘high risk’ of a supplementary £46m levy on advisers and providers in the coming due in part to rising pension and SIPP claims.

Published in Articles
Thursday, 19 September 2019 16:45

Expensive claims force SIPP firm into administration

Defending itself against a rising toll of claims has forced Berkeley Burke SIPP Administration Limited (BBSAL) into administration, with the book of business sold this week to Hartley Pensions Limited.
Published in Articles
Friday, 05 January 2018 11:47

SIPP claims force FSCS to add £23.9m extra levy

SIPP compensation claims above predictions have forced the Financial Services Compensation Scheme (FSCS) to ask financial advisers and providers to chip in an extra levy of £23.9m.
Published in Articles
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