Clients of collapsed advice firm to have claims examined Investing Claims from the collapsed advice firm Tenet will be investigated by the Financial Services Compensation Scheme (FSCS) at the start of next year. Earlier this year, the firm’s administrators said 9,645 clients were “considered as being at higher risk of having received unsuitable advice”. Tenet, which billed itself as the largest independent financial adviser network [...]
UK bank compensation scheme faces leadership vacuum after recruitment delays Banking The institution that protects government-guaranteed deposits in failed banks is facing questions over its future leadership after multiple setbacks to recruiting a new chair and permanent chief executive, City A.M. can reveal.