UK - The Financial Services Authority (FSA) has published the final rules for a Financial Services Compensation Scheme (FSCS) that will come into effect on December 1, 2001.
Once enforced, the scheme will fully replace eight existing arrangements that provide compensation if a firm collapses owing money to investors, depositors or policyholders. The framework for the ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
