The art of investigating the past
The Financial Services Compensation Fund, in its role as the UK's statutory financial fund of last r...
The Financial Services Compensation Fund, in its role as the UK's statutory financial fund of last resort, generally receives a handful of endowment claims made against a large number of small firms, rather than lots of claims made against a single large firm.
This means that we need to undertake significantly more individual default investigations into the ability of small investment advice firms to meet claims made against them. It is likely that, as a result of this rise in claims, we will see
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