Financial Services

Below are our 9 articles in the 'financial services' category:

Claiming Against a Bank or Building Society
It is very rare for banks or building societies to become insolvent. As has been seen with the recent events surrounding Northern Rock, the government will always be reluctant to allow an individual ...
Claiming Against a Mortgage Broker
Financial advisors are, understandably, placed in a position of public trust. It is assumed that, when advice is sought from one of these firms, it will be sound. Occasionally, however, this is not ...
Claiming Against an Investment Adviser
Investments can be a potentially confusing area. Clearly, one wishes for their money to be safe and for it to maximise its potential for income and growth.

Most people have insufficient ...
Claiming Against Insurers
It is perfectly reasonable to assume that, when you pay for a financial service from a reputable institution, your money will be safe and you will receive the service for which you have paid. ...
Firms in Default
As is stated in the legislation that established it, the Financial Services Compensation Scheme (FSCS) is a 'fund of last resort' for making compensation payments to consumers on behalf of firms ...
Limits of the FSCS
The Financial Services Compensation Scheme (FSCS) is an independent organisation which has the responsibility for funding compensation payments to consumers and small businesses which have lost ...
Reclaiming Bank Charges
One of the biggest financial stories of the last year has been the sudden rush amongst some consumers to attempt to reclaim charges levied by their banks. The apparent illegality of these ...
The Financial Services and Markets Act (2000)
The Financial Services and Markets Act (FSMA) is an important piece of legislation, passed by Parliament in 2000. The purpose of the Act is to regulate the activities of those organisations that ...
The Financial Services Compensation Scheme
This article looks at the Financial Services Compensation Scheme, and the ways in which it can help consumers and small businesses who have lost money as a result of financial service providers ...

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