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FSCS payouts rocket from £82m to £21bn

The Financial Services Compensation Scheme paid out £20.9bn in compensation payments in 2008/09, up from £82.93m in 2007/08.

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Hot ashes

Ishall tell you a story about a very acquisitive, rapidly growing IFA. Over a period of a few years, it accumulated businesses, staff and clients and boasted after a few years of being a major distributor of financial products.Meanwhile, the average IFA kept his head down, worked hard, serviced his clients and looked on in […]

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