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FSCS pays £112m in compensation for mis-sold SIPP pension claims
The Financial Services Compensation Scheme has paid out £112 million in the 2017/2018 period for mis-sold SIPP claims, as the […]
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Resort Group Investors’ SIPP pension fears
FTAdviser has reported how at least 5 investors in high-risk Cape Verde hotel investment, The Resort Group, fear for their […]
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Greyfriars Asset Management closes investment portfolio business
The DFM side of Greyfriars Asset Management has closed down, some time after the financial watchdogs told them to “cease […]
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Strand Capital Insurance may pay claims over company’s collapse
Investment portfolio managers Strand Capital have been in Special Administration for some time now, and now the administrators have put […]
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FSCS tells Financial Advisers to get better insurance to pay out claims
The Financial Services Compensation Scheme has told financial advisers they must take out better professional indemnity insurance to help pay […]
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Claims against Guinness Mahon SIPPs may be on the horizon over pension mis-selling
Several law suits are staring down SIPP provider Guinness Mahon regarding its relationship with marketing firms who directed people towards […]
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Strand Capital Saga: Possible court action over “missing £500k” bond
The Special Administrators for Strand Capital (now in special administration) could soon be heading the courtroom over “missing” £550,000 bond […]
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Global Forestry Investments : No sign of Belem Sky returns
Investors in Global Forestry Investments – the Brazilian teak investment that took around £24 million for the “Belem Sky” and […]
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Personal Touch Financial Services paying client compensation over Merco Bond investment
Financial advice firm Personal Touch Financial Services has been told by the Ombudsman to compensate their client “Mrs H” for […]
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Beaufort Securities hit with fresh wave of complaints
A “steady stream” of complaints about Beaufort Securities has been rolling into the Financial Ombudsman Services, with a newly upheld […]