Displaying items by tag: FSCS
Thursday, 16 July 2015 12:21
Sipp-related compensation payouts jump 50%
Average compensation payouts for Sipp related claims increased by around 50%
to £16,375, the FSCS has revealed this morning.
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Tuesday, 28 April 2015 10:19
Sipp claims blamed for £100m levy on advisers
Sipp related claims have again been blamed as advisers brace themselves to be hit with a £100m bill.
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Thursday, 19 March 2015 10:08
Sipps related claims to blame as FSCS issues £20m interim levy
Sipps related claims are behind a £20m interim levy on life and pensions intermediaries announced by the FSCS today.
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Wednesday, 18 February 2015 11:53
FSCS announces it will increase pay outs for Sipp transfer claims
The FSCS has announced it will begin to increase pay outs for Sipp transfer claims.
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Wednesday, 28 January 2015 11:49
Ombudsman upheld nearly six out of ten Sipp cases
Nearly six in ten complaints relating to Sipps made to the Financial Ombudsman Service between April and December last year were upheld.
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Tuesday, 20 January 2015 12:33
Sipp compensation claims expected to rise even more
Complaints and compensation claims about advice relating to Sipps will continue to rise, with an extra 500 cases predicted for the next financial year, the FSCS warned today.
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Tuesday, 20 January 2015 12:09
Growing Sipp complaints lead to FSCS levy increase
Growing numbers of complaints about Sipps have been blamed for a jump in the levy advisers will have to pay next year.
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Tuesday, 18 November 2014 11:20
Over 500 Sipp related complaints made to FSCS
The Financial Services Compensation Scheme has reported receiving more than 500 claims relating to Sipps.
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Friday, 22 August 2014 12:19
Sipp compensation claims leave levy threat hanging over advisers
The threat of a further levy hangs over advisers due to increased compensation linked to Sipp claims.
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Tuesday, 29 July 2014 11:55
Sipp claims against failed advisers rising, says FSCS
Sipp related claims against financial advisers who are no longer trading have continued rising, The Financial Services Compensation Scheme said today.
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