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BBB network placed in default by FSCS

The Financial Services Compensation Scheme has declared the former network Berkely Berry Birch in default, paving the way for consumers to receive compensation.

FSCS chief executive Loretta Minghella says: “It is important for consumers to know that if they have had dealings with this firm, and believe they may have lost money as a result of negligent advice, they can contact us.”

Compensation of up to 48,000 can be claimed if they have lost money as a result of negligent advice from BBB, formely known as Berkeley Independent Advisors.


Teamspirit launches PR business

Financial services specialist marketing agency Teamspirit has launched a new public relations business.Teamspirit PR will focus on getting personal finance brands beyond the money pages into the news media, including online, TV and radio. The division will be headed up by former deputy managing director at Teamspirit’s sister company QBO Bell Pottinger, Jo Carr who […]

Model behaviour

The right business model will attract the right recruits and nurture their development

Colonial – the FSA’s letters

Last week, Money Marketing revealed a court ruling upholding an endowment complaint against Winterthur subsidiary Colonial Mutual UK Holdings Group partly based on evidence from FSA correspondence to MPs and the claimant. These letters show how the FSA’s stance changed over the years. In its defence, Winterthur used the letter from FSA investment business director […]


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