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.
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Information only.
For reference and for validating the information that must be provided in your disclosure documentation.
What might this indicate about the FCA’s areas of focus?
The outcome of CP19/20 could have far reaching implications for firms.
All is not what it seems when considering the risk tolerance rating of different funds.
The FCA is proposing a series of wide ranging changes in relation to pension transfer advice, including a ban on contingent charging.
Reasons for recommending a transfer or switch that are open to challenge
Alistair MacDougall Compliance 2017, DB Pension, FCA, Pension, Pension Transfer, PI, Switch
CP19/25 highlighted some commonly used reasons to transfer/switch that often do not stand up to close scrutiny.