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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For reference and for validating the information that must be provided in your disclosure documentation.
Transfer advice is complex and may not always be able to be delivered properly before the CETV guarantee expires.
Both of these carry risks for firms. It is essential to understand the regulatory position.
The FCA is planning a new platform to collect data from firms.
What timescales and standards should Scheme Administrators be working to when a member wishes to transfer benefits?
BREXIT latest FCA position statement
Alistair MacDougall Compliance 2019, 2020, FCA, GDPR, Pension, PI
Given recent changes in the UK’s position on BREXIT, the FCA has updated its guidance.