The FSCS opens the door to claims against another SIPP firm
Investigations are currently underway by the Financial Services Compensation Scheme (FSCS) into whether or not they should pay out compensation in relation to claims…
500 SIPP claims to be transferred from FOS to FSCS
After the collapse of GPC SIPP Limited (mentioned in our previous blog) which entered administration recently, The Financial Ombudsman Service (FOS) has been inundated…
FSCS now accepting claims over £130m SIPP provider collapse
It has recently been revealed that GPC SIPP, who have provided pension administration on behalf of Guardian Pension Trustees, has collapsed. In light of…
£17m fraud firm one of 21 firms declared in default by FSCS
A recent ruling by the Financial Services Compensation Scheme has seen 21 companies declared in default. One of the most notable names is Vantage…
FSCS pays out over £17m for claims against SIPP firms
The Financial Services Compensation Scheme has recently had to pay out more than £17m for claims made against three SIPP operators who were declared…
Large FCA fines for directors over ‘high risk’ pension transfer advice
Bank House Investment Management, a UK advice firm, received a fine of £311,639, while Financial Page & Henderson Carter Associates were hit with public…
Advice firm in FSCS default after 4 FOS complaints upheld
A Glasgow-based advice firm, Allan McRoberts, which has been trading under the name AM Wealth Management Services, have had four recent Financial Ombudsman Services…