FSCS receive 2,000 claims against SIPP firms

FSCS receive 2,000 claims against SIPP firms

The Financial Services Compensation Scheme (FSCS) has received more than 2,000 claims for compensation from customers of two failed SIPP providers. Berkeley Burke and Liberty both received pensions transferred from other schemes and then invested them in high risk, non-standard investments which later failed. Outstanding claims Now both companies have themselves failed and the outstanding …

Thinking of switching bank accounts?

Thinking of switching bank accounts, but not sure what’s on offer? Figures from the Competition and Markets Authority (CMA) show that almost four out of five people have their account with one of the big four high street banks – Barclays, Lloyds, HSBC and Royal Bank Of Scotland (RBS) who also own Natwest.