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Consumer Panel welcomes FSA misselling plans

The Financial Services Consumer Panel has welcomed FSA plans to extend the scope of compensation awards to misselling victims.

The FSA is considering changing its rulebook to allow the Financial Services Compensation Scheme to make awards to people who have made claims against a business more than two years after it went out of business.

Panel chairman Colin Brown says: “A relatively small change to the system will have a direct impact on those consumers&#39 lives and may go on to help significant numbers of other consumers in the future.”

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Johnson Fleming set to hold auto-enrolment support webinar

Two years since the process of auto-enrolment began, the looming re-enrolment deadline provides the perfect opportunity to assess whether the support you have in place, which may well have been hastily selected at the start, is fit for purpose. Johnson Fleming is holding a webinar on 10 September at 11:00 to discover the key issues and concerns you should consider when thinking about your current support options.

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