The amount of compensation that the FSCS can award is complicated and varies depending on the product type.
As such, the links below are informative and provide for useful reference.
Guide to the Financial Services Compensation Scheme.
Link to the FSCS Products website. Use the menu on the left hand side to navigate to detailed information about different product types.
Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.
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Information only.
For reference and for validating the information that must be provided in your disclosure documentation.
Abridged Advice Report Tweaks & New Provider Text
Don’t get caught out by the transitional period.
The FCA has published rules that will apply following the end of the EU Withdarawal Transition in December 2020.
The FCA has concerns over the safeguarding of client assets.
The importance of ‘knowledge and experience’
Alistair MacDougall Compliance FCA, Mortgage, Pension, Pension Transfer, PI
How do you assess and take account of the client’s knowledge and experience?